South Dakota Statutes
§ 58-17-71 — Separate classes of individual business--Reasons--Number.
A carrier may establish a separate class of individual business only to reflect substantial differences in expected claims experience or administrative costs related to the following reasons:
(1)The carrier used more than one type of system for the marketing and sale of health benefit plans to individuals; or (2) The carrier has acquired a class of business from another carrier. A carrier may establish up to three separate classes of individual business under this section.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 58-17-71 (Separate classes of individual business--Reasons--Number.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1996, ch 286, § 6.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.