Montana Code Annotated 2001

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     33-2-1912. Applicability for 1995. (1) For RBC reports required to be filed by property and casualty insurers with respect to 1995, the following requirements apply in lieu of the provisions of 33-2-1904 through 33-2-1907:
     (a) In the event of a company action level event with respect to a domestic insurer, the commissioner will not take regulatory action under this part.
     (b) In the event of a regulatory action level event under 33-2-1905(1)(a), (1)(b), or (1)(c), the commissioner shall take the actions required under 33-2-1905(2) and (3).
     (c) In the event of a regulatory action level event under 33-2-1905(1)(d), (1)(e), (1)(f), or (1)(g) or an authorized control level event, the commissioner shall take the actions required under 33-2-1905(2) and (3) with respect to the insurer.
     (2) In the event of a mandatory control level event with respect to an insurer, the commissioner shall take the actions required under 33-2-1907.

     History: En. Sec. 93, Ch. 379, L. 1995.

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