South Dakota Statutes
§ 58-5A-88 — One year period to comply with requirements following loss of qualification for exemption.
If an insurer that qualifies for an exemption subsequently no longer qualifies for that exemption due to changes in premium as reflected in the insurer's most recent annual statement or in the most recent annual statements of the insurers within the insurance group of which the insurer is a member, the insurer shall have one year following the year the threshold is exceeded to comply with the requirements of §§ 58-5A-81 to 58-5A-93 , inclusive.
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South Dakota § 58-5A-88 (One year period to comply with requirements following loss of qualification for exemption.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2017, ch 210, § 9.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.