South Dakota Statutes

§ 58-24-53 — Advisory organization license required.

South Dakota·Title 58 INSURANCE·Ch. 58-23A FIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS
Each group, association, or other organization of insurers, whether located within or outside this state, which assists insurers which make their own filings or rating organizations in rate-making, by the collection and furnishing of loss or expense statistics, or by the submission of recommendations, but which does not make filings under this chapter shall be subject to licensure pursuant to this chapter as an advisory organization.

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Legislative History

SL 1966, ch 111, ch 15, § 10 (1); SL 2014, ch 239, § 15.

Nearby Sections

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