(a) The commissioner may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code to implement the provisions of this article, including but not limited to: (1) Establishing and refining definitions; (2) Requirements for ratemaking, forms and other requirements under this chapter; (3) Clarifying minimum coverage requirements for flood insurance policies; (4) Determining whether a policy meets the definition of "private flood insurance" or other certain standards and requirements; and (5) Solvency and market conduct operations. (b) The commissioner may promulgate emergency rules pursuant to the provisions of section fifteen, article three, chapter twenty-nine-a of this code for any purposes set forth for legislative rules in subsection (a) of this section.
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