South Dakota § 21-3A-12 Rules established by director of Division of Insurance.

South Dakota Statutes

§ 21-3A-12 — Rules established by director of Division of Insurance.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-3A PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS

The director of the Division of Insurance shall establish rules:

(1)For determining which insurers, self - insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;

(2)To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and (3) For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6 .

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The director of the Division of Insurance shall establish rules: (1) For determining which insurers, self - insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers; (2) To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and (3) For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6 .

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