2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 38 - Nonprofit Medical And Surgical Plans
§ 58-38-7 Application for license--Form and contents--Documents accompanying.
58-38-7. Application for license--Form and contents--Documents accompanying. Application for the license required by § 58-38-6 shall be made on forms to be approved by the director, containing such information as he shall deem necessary. Each application for such license shall be accompanied by copies of the following documents:
(1) Certified copy of its charter or certificate of incorporation;
(2) Bylaws;
(3) Proposed contracts between the corporation and participating physicians and surgeons showing the terms under which medical and surgical service is to be furnished to subscribers;
(4) Contracts to be issued to subscribers showing the benefits to which they are entitled;
(5) A table of the rates to be charged to the subscribers; and
(6) Financial statement of the corporation, including the amounts of contribution paid or agreed to be paid to the corporation for working capital and the name of each contributor and the terms of each contribution.
Source: SL 1966, ch 111, ch 21, § 6.
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