2.__Commission shall collect filing fee.__The commission shall collect a filing fee from each insurer and 3rd-party filer filing a product with the commission to cover the cost of the operations and activities of the commission and its staff in a total amount sufficient to cover the commission's annual budget.

3.__Notice and comment for budget approval.__The commission's budget for a fiscal year may not be approved until it has been subject to notice and comment as set forth in section 2478.

4.__Commission exempt from taxation.__The commission is exempt from all taxation in and by the compacting states.

5.__Commission authority to pledge credit of compacting state limited.__The commission may not pledge the credit of any compacting state, except by and with the appropriate legal authority of that compacting state.

6.__Commission to keep complete and accurate accounts.__The commission shall keep complete and accurate accounts of all its internal receipts, including grants and donations, and disbursements of all funds under its control.__The internal financial accounts of the commission are subject to the accounting procedures established under its bylaws.__The financial accounts and reports, including the system of internal controls and procedures of the commission, must be audited annually by an independent certified public accountant.__Upon the determination of the commission, but no less frequently than every 3 years, the review of the independent auditor must include a management and performance audit of the commission.__The commission shall make an annual report to the governor and legislature of each compacting state, which must include a report of the independent audit.__The commission's internal accounts are not confidential and such materials may be shared with the commissioner of any compacting state upon request, except that any work papers related to any internal or independent audit and any information regarding the privacy of individuals and insurers' proprietary information, including trade secrets, must remain confidential.

7.__Compacting states do not have ownership of commission property.__A compacting state does not have any claim to or