South Dakota Statutes

§ 58-48-6 — Application review--Additional information required.

South Dakota·Title 58 INSURANCE·Ch. 58-47 PORTABLE ELECTRONICS INSURANCE
In addition to § 58-48-5 , an applicant shall provide any additional information that the director determines is necessary, including proof of sufficient assets, accounts, liability coverage, surety bond coverage or other preparation by the applicant to ensure that consumers are protected, evidence that the applicant will be able to cover ongoing duties when the testing period terminates or terminates early, prior industry ratings, and past performance of the applicant. An applicant's failure to provide any information requested by the director forfeits the application for a waiver. The director may require the applicant to retain independent consultants to determine the accuracy of any information submitted by the applicant at the applicant's expense.

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South Dakota § 58-48-6 (Application review--Additional information required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2021, ch 214, § 6.

Nearby Sections

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