South Dakota Statutes

§ 58-5A-80 — Director's participation in supervisory college with other regulators.

South Dakota § 58-5A-80
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-80 (Director's participation in supervisory college with other regulators.) 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 § 58-5A-80 (2026).

Text

The director may participate in a supervisory college with other regulators charged with supervision of the insurer or its affiliates, including any state, federal, and international regulatory agency to assess the business strategy, financial position, legal and regulatory position, risk exposure, risk management, and governance processes of individual insurers. The director may enter into agreements pursuant to §§ 58-5A-41.2 and 58-5A-41.3 providing for the basis for cooperation between the director and any other regulatory agency, and the activities of the supervisory college. Nothing in this section delegates to the supervisory college the authority of the director to regulate or supervise the insurer or its affiliates within its jurisdiction.

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Legislative History

SL 2015, ch 246, § 21.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5A-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-80.