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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 33 - Unfair Trade Practices
§ 58-33-19 Readjustment of premium rate permitted for group policy based on loss or expense experience.
Universal Citation: SD Codified L § 58-33-19 (2019)
58-33-19. Readjustment of premium rate permitted for group policy based on loss or expense experience. Nothing in §§ 58-33-14 and 58-33-15 shall be construed as including within the definition of discrimination or rebates, readjustment of the rate of premium for a group insurance policy based on the loss or expense experience thereunder, at the end of the first or any subsequent policy year of insurance thereunder, which may be made retroactive only for such policy year.
Source: SL 1966, ch 111, ch 13, § 15 (3).
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