South Dakota Statutes

§ 58-46-32 — Promulgation of rules.

South Dakota·Title 58 INSURANCE·Ch. 58-46 CAPTIVE INSURANCE COMPANIES

The director may promulgate rules pursuant to chapter 1-26 to further the provisions of this chapter. The rules may include:

(1)Definition of terms;
(2)Requirements for doing business;
(3)Application requirements and procedures;
(4)Conditions for receiving a certificate of authority;
(5)Criteria for suspending or revoking a certificate of authority;
(6)Organizational structure;
(7)Financial condition;
(8)Pooling and sharing risks; and (9) Notice requirements.

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

South Dakota § 58-46-32 (Promulgation of rules.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2013, ch 257, § 28.

Nearby Sections

15
View on official source ↗