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Rule Title: DEFINITIONS
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Fire Tax
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.4801    DEFINITIONS

The following definitions apply to this subchapter:

(1) "Fire premium" means the portion of property insurance premium an insurer reasonably attributes to insurance against fire, in relation to all other risks covered by the property insurance policy at issue.

(2) "Presumptively reasonable allocation" means the minimum percentage of fire premium the CSI determines to be reasonable pursuant to 33-2-705(3), MCA, without further justification from the insurer.

History: 33-1-313, MCA; IMP, 33-2-705, MCA; NEW, 2015 MAR p. 1043, Eff. 8/1/15.


 

 
MAR Notices Effective From Effective To History Notes
6-214 8/1/2015 Current History: 33-1-313, MCA; IMP, 33-2-705, MCA; NEW, 2015 MAR p. 1043, Eff. 8/1/15.
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