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6.6.3708    REPORTING ACQUISITION OF DOMESTIC INSURERS

(1) If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of 33-2-1104, MCA, the name of the domestic insurer on the cover page should be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company."

(2) Where a domestic is being acquired, references to "the insurer" contained in Form A must refer to both the domestic subsidiary insurer and the person being acquired.

History: Sec. 33-1-313 and 33-2-1517, MCA; IMP, Sec. 33-2-1104 and 33-2-1517, MCA; NEW, 1993 MAR p. 2408, Eff. 10/15/93.

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