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MONTANA ADMINISTRATIVE REGISTER ISSUE NO. 13 The ...

MONTANA ADMINISTRATIVE REGISTER ISSUE NO. 13 The ...

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-902-BEFORE THE STATE AUDITOR AND COMMISSIONER OF INSURANCEOF THE STATE OF <strong>MONTANA</strong>In the matter of the adoption of NEWRULES I through IX pertaining toMilitary Sales PracticesTO: All Concerned Persons)))<strong>NO</strong>TICE OF PUBLIC HEARING ONPROPOSED ADOPTION1. On July 26, 2007, at 10:00 a.m., the State Auditor and Commissioner ofInsurance will hold a public hearing in the 2nd floor conference room of the StateAuditor's Office, 840 Helena Ave., Helena, Montana, to consider the proposedadoption of the above-stated rules.2. <strong>The</strong> State Auditor and Commissioner of Insurance will make reasonableaccommodations for persons with disabilities who wish to participate in thisrulemaking process or need an alternative accessible format of this notice. If yourequire an accommodation, contact the department no later than 5:00 p.m., July 19,2007, to advise us of the nature of the accommodation that you need. Pleasecontact Darla Sautter, State Auditor's Office, 840 Helena Ave., Helena, Montana,59601; telephone (406) 444-2726; TDD (406) 444-3246; fax (406) 444-3497; or e-mail dsautter@mt.gov.3. <strong>The</strong> rules as proposed to be adopted provide as follows:NEW RULE I PURPOSE (1) <strong>The</strong> purpose of this rule is to set forthstandards to protect active duty service members of the United States Armed Forcesfrom dishonest and predatory insurance sales practices by declaring certainidentified practices to be false, misleading, deceptive, or unfair.(2) Nothing herein may be construed to create or imply a private cause ofaction for a violation of this rule.AUTH: 33-1-3<strong>13</strong>, 33-18-103, MCAIMP: 33-18-103, MCANEW RULE II SCOPE (1) This rule shall apply only to the solicitation or saleof any life insurance or annuity product by an insurer or insurance producer to anactive duty service member of the United States Armed Forces.AUTH: 33-1-3<strong>13</strong>, 33-18-103, MCAIMP: 33-18-103, MCANEW RULE III AUTHORITY (1) This rule is issued under the authority of2007 Montana Laws, chapter 333 (to be codified as 33-18-103, MCA, 2007).AUTH: 33-1-3<strong>13</strong>, 33-18-103, MCAIMP: 33-18-103, MCAMAR Notice No. 6-167 <strong>13</strong>-7/5/07

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