2011 South Dakota Code
Title 58 INSURANCE
Chapter 29D. Regulation Of Life And Health Administrators
§58-29D-1 Definition of terms.
58-29D-1. Definition of terms. Terms used in this chapter mean:
(1) "Affiliate" or "affiliated," any entity or person who directly or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, a specified entity or person;
(2) "Underwrites" or "underwriting," the acceptance of employer or individual applications for coverage of individuals in accordance with the written rules of the insurer; the overall planning and coordinating of an insurance program; and the ability to procure bonds and excess insurance.
Source: SL 1992, ch 352, § 1.
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