§ 26-11-123 — Interstate insurance regulatory cooperation

To carry out the purposes of the Nonadmitted and Reinsurance
Reform Act of 2010, 15 U.S.C. 8201 et seq., the commissioner may
participate in a nonadmitted insurance multistate agreement or
compact for the purposes of collecting, allocating and
disbursing premium taxes attributable to the placement of
nonadmitted insurance, providing for uniform methods of
allocation and reporting among nonadmitted insurance risk
classifications, sharing information among states relating to
nonadmitted insurance premium taxes and providing for the
determination of recommended uniform eligibility standards for
nonadmitted insurers.