ARM 6.6.2801. PURPOSE AND SCOPE

(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.