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

6.6.3708    REPORTING ACQUISITION OF DOMESTIC INSURERS

(1) If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of 33-2-1104, MCA, the name of the domestic insurer on the cover page must be indicated as follows:

(a) "ABC Insurance Company, a subsidiary of XYZ Holding Company."

(2) Where a domestic is being acquired, references to "the insurer" contained in Form A must refer to both the domestic subsidiary insurer and the person being acquired.

History: 33-1-313, 33-2-1517, MCA; IMP, 33-2-1104, 33-2-1517, MCA; NEW, 1993 MAR p. 2408, Eff. 10/15/93; AMD, 2014 MAR p. 501, Eff. 3/14/14.

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