2014 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 24 - Fire, Marine, Casualty, And Surety Insurance Rates And Rating Organizations
§ 58-24-50 Deviations to be uniform within class.
58-24-50. Deviations to be uniform within class. As to all forms of casualty insurance, including workers' compensation or any combination thereof, no application shall be granted under § 58-24-51 unless the requested deviation is based upon a uniform percentage decrease or increase to be applied to the premiums produced by such rating system, as filed, for a kind of insurance or for a class of insurance which is found by the director to be a proper rating unit for the application of such uniform percentage decrease or increase, or for a subdivision of a kind of insurance comprised of a group of manual classifications which are treated as a separate unit for rate-making purposes or for which separate expense provisions are included in the filings of the rating organization.
Source: SL 1966, ch 111, ch 15, § 3 (2).
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