South Dakota Statutes

§ 58-12-37 — Promulgation of rules regarding definitions and records.

South Dakota·Title 58 INSURANCE·Ch. 58-11A INSURANCE CLAIMS AND BENEFITS

The director may promulgate rules, pursuant to chapter 1-26 , to carry out the purposes of §§ 58-12-31 to , inclusive. In promulgating rules, the director shall consider the impact of the rule on the cost and availability of insurance in this state and the degree of protection that the rule will have for the insurance buying public in this state. The rules are limited to the following areas:

(1)Definition of terms; and (2) Record keeping.

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Legislative History

SL 2014, ch 235, § 7.

Nearby Sections

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