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.