Examples of Domiciliary Commissioner in a sentence
The accumulation rate, AR, is the product of DR and one minus the tax rate defined in paragraph III(D)(10).No modification is allowed from the requirements in Section III unless the Domiciliary Commissioner approves such modification as necessary to produce a reasonable result.
No modification is allowed for row B as of the statement date unless the Domiciliary Commissioner approved such modification as necessary to produce a reasonable result under the corresponding amount in row A.
The Trustee shall keep complete records of the administration of the Trust which may be examined at any time, with reasonable advance notice, by the Domiciliary Commissioner or any Non-Domiciliary Commissioner.
When Funds are accepted by the Domiciliary Commissioner or paid into court, the Trustee’s sole remaining responsibility shall be to render a final accounting of the Trust.
A mortgage guaranty insurance company shall not enter into any new reinsurance arrangements with any affiliate after the effective date of this Act, unless it has obtained prior written approval by its Domiciliary Commissioner.
This section shall not apply to investments backed by the full faith and credit of the United States of America or, with the approval of the Domiciliary Commissioner, to investments with the effective guaranty of the United States of America.
Cessions or assumptions of premium under any reinsurance arrangements with any affiliate in force on the effective date of this Act must cease within one year from the effective date of this Act, unless the mortgage guaranty insurance company has obtained prior written approval by its Domiciliary Commissioner.
If no Non-Domiciliary Commissioner disapproves the proposed amendment within thirty (30) days of receipt of the notice, the amendment shall be effective on the date specified by the Domiciliary Commissioner.
If the auditor’s practicing certificate or equivalent document is unavailable, then the Trustee, upon the request of the Company, shall submit a request for the written approval of the auditor from the Domiciliary Commissioner.
A mortgage guaranty insurance company shall retain at least fifteen percent (15%) of its risk in force on either a first loss or quota share basis, if any portion of the risk in force is ceded to one or more reinsurers, unless a lesser retention is approved in writing by the Domiciliary Commissioner.