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Rule Title: NOTIFICATION OF ADVERSE FINANCIAL CONDITION
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Formation and Regulation of Captive Insurance Companies
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.6818    NOTIFICATION OF ADVERSE FINANCIAL CONDITION

(1) A company must require the certified public accountant to immediately notify in writing an officer and all members of the board of directors of the company of any determination by the independent certified public accountant that the company has materially misstated its financial condition in its report to the commissioner as required by 33-28-107 , MCA.

(2) The company must furnish the notice to the commissioner within five days of the receipt of the notice from the accountant.

History: 33-28-206, MCA; IMP, 33-28-107, MCA; NEW, 2002 MAR p. 171, Eff. 2/1/02.


 

 
MAR Notices Effective From Effective To History Notes
2/1/2002 Current History: 33-28-206, MCA; IMP, 33-28-107, MCA; NEW, 2002 MAR p. 171, Eff. 2/1/02.
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