South Dakota Statutes

§ 58-24-50 — Deviations to be uniform within class.

South Dakota·Title 58 INSURANCE·Ch. 58-23A FIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS
As to all forms of casualty insurance, including workers' compensation or any combination thereof, no application shall be granted under § 58-24-51 unless the requested deviation is based upon a uniform percentage decrease or increase to be applied to the premiums produced by such rating system, as filed, for a kind of insurance or for a class of insurance which is found by the director to be a proper rating unit for the application of such uniform percentage decrease or increase, or for a subdivision of a kind of insurance comprised of a group of manual classifications which are treated as a separate unit for rate - making purposes or for which separate expense provisions are included in the filings of the rating organization.

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South Dakota § 58-24-50 (Deviations to be uniform within class.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 15, § 3 (2).

Nearby Sections

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