South Dakota § 58-11-63 Regulation of form and content of policies, policy forms, standards, and procedures for filings, cancellation, and nonrenewal of policies.

South Dakota Statutes

§ 58-11-63 — Regulation of form and content of policies, policy forms, standards, and procedures for filings, cancellation, and nonrenewal of policies.

South Dakota § 58-11-63

Title 58INSURANCE

Ch. 58-11FORM AND CONTENTS OF INSURANCE POLICIES

This text of South Dakota § 58-11-63 (Regulation of form and content of policies, policy forms, standards, and procedures for filings, cancellation, and nonrenewal of policies.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-11-63 (2026).

Text

The division may promulgate rules pursuant to chapter 1-26 to establish specific requirements for the regulation of the form and content of policies and policy forms, standards, and procedures for filings, and the cancellation and nonrenewal of policies as found in this chapter. The requirements may include:

(1)Definition of terms used in the rules;

(2)Standards for the issuance of waivers;

(3)Standards for determining what are substantially similar provisions as provided by § 58-11-7 ;

(4)Filing, content, requirements, and procedures for policy forms;

(5)Standards for orders for exemption;

(6)Binder requirements;

(7)Procedures and requirements for cancellation and nonrenewal of policies;

(8)Operation requirements of the assigned risk plan including approval

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The division may promulgate rules pursuant to chapter 1-26 to establish specific requirements for the regulation of the form and content of policies and policy forms, standards, and procedures for filings, and the cancellation and nonrenewal of policies as found in this chapter. The requirements may include: (1) Definition of terms used in the rules; (2) Standards for the issuance of waivers; (3) Standards for determining what are substantially similar provisions as provided by § 58-11-7 ; (4) Filing, content, requirements, and procedures for policy forms; (5) Standards for orders for exemption; (6) Binder requirements; (7) Procedures and requirements for cancellation and nonrenewal of policies; (8) Operation requirements of the assigned risk plan including approval of plan rules; (9) Replacement of coverage and calculation of refunds; and (10) Procedures for collection of applicable fees by the director.