There Is a Newer Version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 33A - Standards For Advertisement, Solicitation, And Sale Of Life And Health Insurance
- § 58-33A-1 Applicability of chapter.
- § 58-33A-2 Purpose of chapter.
- § 58-33A-3 "Advertisement" defined.
- § 58-33A-4 Certain material and communication not deemed to be advertisement.
- § 58-33A-5 Outline of coverage to accompany all health insurance policies or subscribercontracts--Acknowledgment of receipt or certificate of delivery.
- § 58-33A-6 Format and content of outline of coverage--"Format" defined--Outline of coveragerequirements.
- § 58-33A-7 Director authorized to promulgate rules--Scope of rules.
- § 58-33A-8 Required disclosures to be clear and conspicuous.
- § 58-33A-8.1 Disclosure of usual, customary, and reasonable limitation provision required.
- § 58-33A-9 Buyer's guide and policy summary to be provided to all prospective life insurancepurchasers--Illustration in lieu of policy summary--Director authorized to promulgaterules.
- § 58-33A-10 Advertisements not to be deceptive or misleading--Standard to be used indetermination.
- § 58-33A-11 Insurer to maintain file of advertisements--Division may inspect files--Period forwhich files must be maintained.
- § 58-33A-12 Director's prior approval may be required--Other remedies not precluded.
- § 58-33A-13 Definition of terms.
- § 58-33A-14 Recommendations to purchase or exchange annuities subject to requirements.
- § 58-33A-15 Exemptions from requirements.
- § 58-33A-16 Reasonable grounds for recommendation.
- § 58-33A-17 Suitability information required before purchase or exchange of annuity.
- § 58-33A-17.1 Reasonable basis to believe annuity is suitable based on suitability information.
- § 58-33A-18 Conditions resulting in no obligation to consumer.
- § 58-33A-19 Reasonableness under circumstances known to insurer.
- § 58-33A-19.1 Documents required at time of sale.
- § 58-33A-20 Insurer's system for supervising recommendations.
- § 58-33A-20.1 Contract for performance of supervision system functions--Responsibility forcorrective action--Supervision of performance.
- § 58-33A-20.2 Prohibited conduct by insurance producer.
- § 58-33A-21 to 58-33A-24. Repealed..
- § 58-33A-25 Compliance with Conduct Rules of the Financial Industry Regulatory Authority.
- § 58-33A-25.1 Insurance producer to have adequate knowledge of annuity product--Requiredtraining.
- § 58-33A-25.2 Annuity training course providers--Training requirements of other states.
- § 58-33A-25.3 Insurer to verify insurance producer has completed annuity training course.
- § 58-33A-26 Corrective action for violations.
- § 58-33A-27 Records regarding recommendations.
- § 58-33A-28 Multi-state plan sale or solicitation of health insurance outside of exchangeprohibited.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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