1. (1) A company shall appoint an independent certified public accountant retained to conduct the independent annual audit from the list of approved certified public accounting firms or individual certified public accountants maintained by the commissioner.

2. (2) A company that terminates the appointment of an independent certified public accountant retained to conduct the annual audit required in this rule shall, within 90 days of termination, report to the commissioner in writing:

   1. (a) the name and address of the certified public accountant that is terminated; and
   2. (b) the name and address of the certified public accountant that is subsequently retained.

KEY: captive insurance

Date of Last Change: February 9, 2026

Notice of Continuation: May 2, 2022

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-37-106