South Dakota Statutes

§ 58-5A-81 — Maintenance of risk management framework.

South Dakota § 58-5A-81
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-81 (Maintenance of risk management framework.) 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-81 (2026).

Text

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group, of which the insurer is a member, maintains a risk management framework applicable to the operations of the insurer.

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Legislative History

SL 2017, ch 210, § 2.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5A-81, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-81.