(1) A nonresident sponsoring organization doing business in this state through any agreement conveying reciprocity to such an entity is subject to the following conditions:

(a) the commissioner may not require the sponsoring organization to file courses for substantive review that have been awarded credit by the resident state. However, the sponsoring organization shall file a course outline with the commissioner. The sponsoring organization shall also file the instructors' names;

(b) the commissioner may disapprove instructors or sponsoring organizations who have been the subject of disciplinary proceedings or who have otherwise failed to comply with a state's laws and rules;

(c) the commissioner agrees to notify other states when a sponsoring organization has been the subject of a formal administrative action or other disciplinary action;

(d) the commissioner shall accept the NAIC standard continuing education form or a substantially similar form provided by a nonresident sponsoring organization;

(e) the commissioner shall award a course the same number of credits and will accept all course topics as approved by the sponsoring organization's resident state;

(f) a sponsoring organization shall pay the commissioner a $75 fee for each course submitted as required by 33-17-1204, MCA;

(g) the commissioner is not required to accept any topic, provider or instructor that is not eligible for approval under this state's laws and regulations.