South Dakota § 58-11-72 Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.

South Dakota Statutes

§ 58-11-72 — Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.

South Dakota·Title 58 INSURANCE·Ch. 58-11 FORM AND CONTENTS OF INSURANCE POLICIES

Except as provided in this section, the director may not disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval. The director may disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval if:

(1)The filer has introduced new provisions in the resubmission;

(2)The filer has materially modified any substantive provisions of the policy form;

(3)There has been a change in any statute, rule, or published bulletin; or (4) There has been reviewer error and the written disapproval fails to state a specific provision of applicable statute, rule, or bulletin that is necessary to have the policy form conform to the require

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Except as provided in this section, the director may not disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval. The director may disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval if: (1) The filer has introduced new provisions in the resubmission; (2) The filer has materially modified any substantive provisions of the policy form; (3) There has been a change in any statute, rule, or published bulletin; or (4) There has been reviewer error and the written disapproval fails to state a specific provision of applicable statute, rule, or bulletin that is necessary to have the policy form conform to the requirements of law.

South Dakota § 58-11-72 (Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.