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Rule Title: INSURER DOCUMENTATION REQUIREMENTS
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Insurer Investments
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.4025    INSURER DOCUMENTATION REQUIREMENTS

(1) An insurer shall maintain documents and records relating to each derivative transaction, including:

(a) the purpose of the transaction;

(b) the assets or liabilities to which the transaction relates;

(c) the specific derivative instrument used in the transaction;

(d) for over-the-counter derivative instrument transactions, the name of the counterparty and the market value; and

(e) for exchange traded derivative instruments, the name of the exchange and the name of the firm that handled the trade and the market value.

History: 33-1-313, 33-12-111, MCA; IMP, 33-12-210, 33-12-310, MCA; NEW, 2011 MAR p.1303, Eff. 7/15/11.


 

 
MAR Notices Effective From Effective To History Notes
6-193 7/15/2011 Current History: 33-1-313, 33-12-111, MCA; IMP, 33-12-210, 33-12-310, MCA; NEW, 2011 MAR p.1303, Eff. 7/15/11.
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