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

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6.6.6501    PURPOSE

(1) The purpose of these rules is to prescribe:

(a) guidelines and standards for statements of actuarial opinion which are to be submitted in accordance with 33-2-407(5) and (6) and 33-7-118(2), MCA, and for memoranda in support thereof;

(b) rules applicable to the appointment of an appointed actuary; and

(c) guidance as to the meaning of "adequacy of reserves."

 

History: 33-1-313, 33-2-407, MCA; IMP, 33-2-407, 33-2-408, 33-2-409, 33-2-410, 33-2-411, 33-2-412, 33-2-413, 33-2-414, 33-2-415, 33-2-416, 33-2-417, 33-7-118, 33-7-411, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96; AMD, 2008 MAR p. 2622, Eff. 12/25/08; AMD, 2011 MAR p. 2623, Eff. 12/9/11; AMD, 2017 MAR p. 1888, Eff. 10/14/17.


 

 
MAR Notices Effective From Effective To History Notes
6-232 10/14/2017 Current History: 33-1-313, 33-2-407, MCA; IMP, 33-2-407, 33-2-408, 33-2-409, 33-2-410, 33-2-411, 33-2-412, 33-2-413, 33-2-414, 33-2-415, 33-2-416, 33-2-417, 33-7-118, 33-7-411, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96; AMD, 2008 MAR p. 2622, Eff. 12/25/08; AMD, 2011 MAR p. 2623, Eff. 12/9/11; AMD, 2017 MAR p. 1888, Eff. 10/14/17.
6-197 12/9/2011 10/14/2017 History: 33-1-313, 33-2-521, MCA; IMP, 33-2-521, 33-2-522, 33-2-523, 33-2-524, 33-2-525, 33-2-526, 33-2-527, 33-2-528, 33-2-529, 33-2-531, 33-2-532, 33-2-533, 33-2-534, 33-2-535, 33-2-537, 33-7-118, 33-7-411, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96; AMD, 2008 MAR p. 2622, Eff. 12/25/08; AMD, 2011 MAR p. 2623, Eff. 12/9/11.
6-182 12/25/2008 12/9/2011 History: 33-2-521, MCA; IMP, 33-2-521, 33-2-522, 33-2-523, 33-2-524, 33-2-525, 33-2-526, 33-2-527, 33-2-528, 33-2-529, 33-2-531, 33-2-532, 33-2-533, 33-2-534, 33-2-535, 33-2-537, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96; AMD, 2008 MAR p. 2622, Eff. 12/25/08.
5/24/1996 12/25/2008 History: 33-2-521, MCA; IMP, 33-2-521 through 33-2-537, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96.
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