C.__State law relating to the construction of insurance contracts; or

D.__The authority of the attorney general of the state, including, but not limited to, maintaining any actions or proceedings, as authorized by law.

3.__Insurance products subject to laws.__All insurance products filed with individual states are subject to the laws of those states.

4.__Binding effect of compact.__The compact is binding as follows.

A.__All lawful actions of the commission, including all rules and operating procedures promulgated by the commission, are binding upon the compacting states.

B.__All agreements between the commission and the compacting states are binding in accordance with their terms.

C.__Upon the request of a party to a conflict over the meaning or interpretation of commission actions, and upon a majority vote of the compacting states, the commission may issue advisory opinions regarding the meaning or interpretation in dispute.

D.__In the event any provision of this compact exceeds the constitutional limits imposed on the legislature of a compacting state, the obligation, duty, power or jurisdiction sought to be conferred by that provision upon the commission is ineffective as to that compacting state, and that obligation, duty, power or jurisdiction remains in the compacting state and must be exercised by the agency thereof to which that obligation, duty, power or jurisdiction is delegated by law in effect at the time this compact becomes effective.

Sec. 2. Legislative intent. The text and numbering of the Interstate Insurance Product Regulation Compact have been changed to conform to the Maine statutory conventions. The changes are technical in nature, and it is the intent of the Legislature that this Act be interpreted as substantively the same as the original compact.