The director may adopt reasonable rules and regulations, consistent with this chapter, for any or all of the following purposes:

(1) Effectuation of such chapter;

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(2) Establishment of procedures through which determination is to be made as to the eligibility of particular proposed coverages for export; and

(3) Establishment, procedures, and operations of any voluntary organization of brokers or others designated to assist such brokers to comply with such chapter.

Source: SL 1966, ch 111, ch 11, § 21 (1).