33-2-316. Rules. (1) The commissioner shall make reasonable rules, consistent with this part, for any of the following purposes:
     (a) effectuation of The Surplus Lines Insurance Law;
     (b) establishment of procedures through which determination is to be made as to the eligibility of particular proposed coverages for placement with a surplus lines insurer or insurers; and
     (c) establishment, procedures, and operations of the surplus lines advisory organization formed pursuant to 33-2-321 or others designed to assist a surplus lines insurance producer to comply with The Surplus Lines Insurance Law.
     (2) The rules adopted pursuant to subsection (1) are subject to the procedures and carry the penalty provided by 33-1-313.

     History: En. Sec. 200, Ch. 286, L. 1959; R.C.M. 1947, 40-3425; amd. Sec. 20, Ch. 537, L. 1987; amd. Sec. 9, Ch. 285, L. 1989; amd. Sec. 12, Ch. 713, L. 1989.