- (a) Companies, after becoming subject to this part, shall within ninety (90) days report to the Insurance Commissioner in writing the name and address of the independent certified public accountant retained to conduct the annual audit set forth in this part.
- (b) Any independent certified public accountant retained by a company to conduct its annual audit shall make application to the commissioner for authority to act as an independent certified public accountant for captive insurance companies on the "Application for Authorization as an Independent Certified Public Accountant for Captive Insurance Company", which is adopted as part of this part.