South Dakota Statutes

§ 58-11-73 — Grossly inadequate filings.

South Dakota·Title 58 INSURANCE·Ch. 58-11 FORM AND CONTENTS OF INSURANCE POLICIES
The director may return a grossly inadequate filing to the filer without triggering any of the time deadlines set forth in §§ 58-11-64 to 58-11-76 , inclusive. For purposes of this section, a grossly inadequate filing means a filing that fails to provide key information, including state-specific information, regarding a product, policy, or rate, or that demonstrates an insufficient understanding of what is required to comply with state statutes or rules.

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Legislative History

SL 2008, ch 261, § 10.

Nearby Sections

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