R590-157-5. Authorized Agency

(1) The commissioner authorizes the Surplus Line Association to act as the commissioner's agent for: (a) collecting and remitting the premium tax imposed under Section 31A-3-301 on an insurance transaction subject to Sections 31A-15-103, 31A-15-104, and 31A-15-106; (b) examining surplus lines transactions under Section 31A-15-111; (c) collecting the stamping fee authorized under Subsection 31A-15-103(11); and (d) prescribing the forms and procedures that surplus lines producers may use. (2) The Surplus Line Association shall remit all premium taxes it collects according to Section R590-157-6.