(1) In accordance with 33-2-301 et seq., MCA, the
commissioner declares that the purpose of these rules is to implement Title 33,
chapter 2, part 3, MCA. ARM 6.6.2801 through 6.6.2809 implement 33-2-301, MCA,
through 33-2-326, MCA, the surplus lines insurance law.
(2) These rules provide for the
establishment of and
compulsory
membership in a surplus lines advisory organization, hereinafter called the
association, to process surplus lines insurance transactions; collect a
stamping fee; maintain records for inspection by the commissioner; compile and
disseminate lists of eligible surplus lines insurers and surplus lines
coverages; and encourage compliance by surplus lines insurance producers with
laws and rules concerning surplus lines insurance.