2011 South Dakota Code
Title 58 INSURANCE
Chapter 43. Independent Audit Of Insurers
§58-43-16.24 Applicability of §§ 58-43-16.13 to 58-43-16.19.


SD Codified L § 58-43-16.24 (through 2011) What's This?

58-43-16.24. Applicability of §§ 58-43-16.13 to 58-43-16.19. The requirements of §§58-43-16.13 to 58-43-16.19, inclusive, are effective beginning with the reporting period ending December 31, 2010, and each year thereafter. An insurer or group of insurers that is not required to file a report because the total written premium is below the threshold and subsequently becomes subject to the reporting requirements shall have two years following the year the threshold is exceeded (but not earlier than December 31, 2010) to file a report. An insurer acquired in a business combination shall have two calendar years following the date of acquisition or combination to comply with the reporting requirements.

Source: SL 2009, ch 271, § 39.

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