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Rule Title: OVERSIGHT OF INDEPENDENT LIABILITY FUND
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Independent Liability Funds
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.2605    OVERSIGHT OF INDEPENDENT LIABILITY FUND

(1) The commissioner shall at all times be allowed access to any records of a business entity that bear upon the health, inviolability, authenticity, viability, and security of that entity's independent liability fund.

(2) A business entity using an independent liability fund shall be required to execute any documents necessary to give the commissioner access to records of a third-party relating to that entity's independent liability fund assets and investments.

(3) A business entity using an independent liability fund

shall bear the costs of any review, investigation, or

examination of its independent liability fund conducted by the

commissioner or her authorized agents.

History: Sec. 33-27-104, MCA; IMP, Title 33, Ch. 27, MCA; NEW, 1987 MAR p. 2372, Eff. 12/25/87.


 

 
MAR Notices Effective From Effective To History Notes
12/25/1987 Current History: Sec. 33-27-104, MCA; IMP, Title 33, Ch. 27, MCA; NEW, 1987 MAR p. 2372, Eff. 12/25/87.
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