33-2-1517. Rulemaking authority. (1) The commissioner may adopt rules implementing the provisions of 33-1-408 through 33-1-410, 33-2-1216 through 33-2-1218, 33-2-1391 through 33-2-1394, Title 33, chapter 2, parts 15 through 17, and 33-11-110.
(2) The authority of the commissioner to adopt rules is specifically extended, without limitation, to establish standards for companies considered to be in hazardous financial condition, to require annual audited financial reports, to regulate life and health reinsurance agreements, to provide for reports to the commissioner by holding company systems, and to establish accounting practices and procedures to be used by insurers in their annual statements.
History: En. Sec. 13, Ch. 596, L. 1993.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 2. Regulation of Insurance Companies
Part 15. Regulation of Controlled Insurers and Controlling Producers
33-2-1502. Filing requirements
33-2-1505. through 33-2-1508 reserved
33-2-1509. Applicability of minimum standards
33-2-1512. Annual report by independent actuary
33-2-1513. Annual report to commissioner