§2487.__Binding effect of compact and other laws -- Article 16

1.__Laws of compacting state.__Nothing in this chapter prevents the enforcement of any laws of a compacting state other than this compact, except as provided in subsection 2.

2.__Exclusive provisions.__For any product approved by or certified to the commission, the rules, uniform standards and any other requirements of the commission constitute the exclusive provisions applicable to the content, approval and certification of that product.__For an advertisement that is subject to the commission's authority, any rule, uniform standard or other requirement of the commission that governs the content of the advertisement constitutes the exclusive provision that a commissioner may apply to the content of the advertisement.__ Notwithstanding this subsection, an action taken by the commission may not abrogate or restrict:

A.__The access of any person to state courts;

B.__Remedies available under state law related to breach of contract, tort or other laws not specifically directed to the content of the product;

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