South Dakota § 58-24-56 Filings based on information furnished by noncompliant advisory organization prohibited--Order requiring discontinuance.

South Dakota Statutes

§ 58-24-56 — Filings based on information furnished by noncompliant advisory organization prohibited--Order requiring discontinuance.

South Dakota § 58-24-56

Title 58INSURANCE

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

This text of South Dakota § 58-24-56 (Filings based on information furnished by noncompliant advisory organization prohibited--Order requiring discontinuance.) 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 § 58-24-56 (2026).

Text

No insurer that makes its own filings or any rating organization that submits filings with the division may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has not complied with § 58-24-54 or with an order of the director involving statistics or recommendations issued under § 58-24-55 . If the director finds an insurer or rating organization to be in violation of this section the director may issue an order requiring the discontinuance of the violation.

Free access — add to your briefcase to read the full text and ask questions with AI

No insurer that makes its own filings or any rating organization that submits filings with the division may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has not complied with § 58-24-54 or with an order of the director involving statistics or recommendations issued under § 58-24-55 . If the director finds an insurer or rating organization to be in violation of this section the director may issue an order requiring the discontinuance of the violation.