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This is an obsolete version of the rule. Please click on the rule number to view the current version.

6.6.6501    PURPOSE

(1) The purpose of these rules is to prescribe:

(a) guidelines and standards for statements of actuarial opinion which are to be submitted in accordance with 33-2-521(4), (5) and 33-7-118(2), MCA, and for memoranda in support thereof;

(b) rules applicable to the appointment of an appointed actuary; and

(c) guidance as to the meaning of "adequacy of reserves."

History: 33-1-313, 33-2-521, MCA; IMP, 33-2-521, 33-2-522, 33-2-523, 33-2-524, 33-2-525, 33-2-526, 33-2-527, 33-2-528, 33-2-529, 33-2-531, 33-2-532, 33-2-533, 33-2-534, 33-2-535, 33-2-537, 33-7-118, 33-7-411, MCA; NEW, 1996 MAR p. 1371, Eff. 5/24/96; AMD, 2008 MAR p. 2622, Eff. 12/25/08; AMD, 2011 MAR p. 2623, Eff. 12/9/11.

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