Laws and Rules


State laws that govern the insurance and securities industries can be found in Montana Code Annotated. The MCA is a compilation of existing Montana laws. Laws are also known as statutes and can only change when the legislature is in session. The MCA is updated a few months after each legislative session.

Administrative rules are regulations establishing how an agency implements a law. Unlike statutes, which change only when the legislature is in session, administrative rules change through an agency process, which allows more flexibility. Agencies are given rulemaking authority through the legislative process (2-4-101, MCA).  Learn more about proposed rules and the adoption process of an Administrative Rule on the Montana Secretary of State Website.

Subscribe to our legal notices email list

Receive notifications of new advisory memos or administrative rules by subscribing to our mailing list.

Email address:
(required) Your name:




Securities

In addition to our regulatory function, the securities department has the authority to investigate violations of the Securities Act of Montana. We have jurisdiction over fraudulent securities transactions and have broad enforcement authority to file administrative and injunctive actions and to refer criminal matters to the county attorneys.

Insurance

Our insurance department is charged by statute with regulating the business of insurance to guarantee it is conducted in accordance with the law and in such a way as to protect policyholders and the general public.


Proposed & Newly Adopted Rules


There are specific timelines that must be followed before the adoption of an administrative rules. This process is outlined in 2-4-302, MCA. Below are newly proposed or adopted administrative rules submitted by the Office of the Montana State Auditor, Commissioner of Securities and Insurance.

Topic Notice No: Proposed: Hearing: Comment Deadline: Status:
Amendment, NCCI work comp classifications 6-246 9/7/18 10/3/18 10/11/18 Proposed
Annual audited financial reports 6-244 5/25/18 N/A 6/22/18 Adopted
Amendment, Health Maintenance Organizations 6-243 2/23/18 3/16/18 3/23/18 Adopted
Amendment, Public Adjuster Licensing 6-242 2/1/18 2/15/18 2/23/18 Adopted
Life Insurance Valuation 6-241 1/2/18 N/A 2/9/18 Adopted
Independent Liability Fund 6-240 1/2/18 N/A 2/9/18 Adopted
Credit for Reinsurance 6-239 10/31/17 N/A 11/24/17 Adopted
Patient-Centered Medical Homes 6-238 9/22/17 N/A 10/30/17 Adopted
Medicare Supplement Insurance 6-237 9/22/17 10/12/17 10/20/17 Adopted
Corporate Governance Annual Disclosures 6-236 9/22/17 10/17/17 10/25/17 Adopted
Classification review 6-235 8/21/17 9/11/17 9/22/17 Adopted
Licensing Rules 6-234 8/7/17 N/A 9/1/17 Adopted
Office Rules 6-233 8/7/17 8/24/17 9/1/17 Adopted
Insurance Housekeeping Rules 6-232 8/7/17 N/A 9/1/17 Adopted
Repeal of Rules 6-231 7/24/17 N/A 8/29/17 Adopted
Air Ambulance & Hold Harmless Dispute Resolution 6-230 7/24/17 8/14/17 8/22/17 Adopted