South Dakota § 58-24-35 Application for license as rating organization--Contents.

South Dakota Statutes

§ 58-24-35 — Application for license as rating organization--Contents.

South Dakota § 58-24-35

Title 58INSURANCE

Ch. 58-23AFIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS

This text of South Dakota § 58-24-35 (Application for license as rating organization--Contents.) 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 § 58-24-35 (2026).

Text

A corporation, unincorporated association, partnership, individual, or any other legal business entity, whether located within or outside this state, may apply for a license as a rating organization by providing the following information in its application:

(1)A copy of its governing documents, to include its constitution, articles of agreement or association, certificate of incorporation, bylaws, rules, and regulations, as applicable;

(2)A list of its members and subscribers;

(3)The name and address of a resident of this state upon whom notices or orders of the director or process affecting such rating organization may be served;

(4)A statement of its qualifications as a rating organization; and (5) A statement specifying the kind of insurance, or subdivision, class, or

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A corporation, unincorporated association, partnership, individual, or any other legal business entity, whether located within or outside this state, may apply for a license as a rating organization by providing the following information in its application: (1) A copy of its governing documents, to include its constitution, articles of agreement or association, certificate of incorporation, bylaws, rules, and regulations, as applicable; (2) A list of its members and subscribers; (3) The name and address of a resident of this state upon whom notices or orders of the director or process affecting such rating organization may be served; (4) A statement of its qualifications as a rating organization; and (5) A statement specifying the kind of insurance, or subdivision, class, or part of risk or combination thereof for which the rating organization intends to be licensed.