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Rule Title: EXISTING AGREEMENTS
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Life and Health Reinsurance Agreements
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.3604    EXISTING AGREEMENTS

(1) Insurers subject to these rules must reduce to zero by December 31, 1995, any reserve credits or assets established with respect to reinsurance agreements entered into prior to the effective date of these rules which, under the provisions of these rules would not be entitled to recognition of the reserve credits or assets; provided, however, that the reinsurance agreements must have been in compliance with laws or regulations in existence immediately preceding the effective date of these rules.

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


 

 
MAR Notices Effective From Effective To History Notes
10/15/1993 Current History: Sec. 33-1-313 and 33-2-1517, MCA; IMP, Sec. 33-2-1517, MCA; NEW, 1993 MAR p. 2408, Eff. 10/15/93.
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