2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 46 - Captive Insurance Companies
§ 58-46-32 Promulgation of rules.

58-46-32. Promulgation of rules. The director may promulgate rules pursuant to chapter 1-26 to further the provisions of this chapter. The rules may include:

(1) Definition of terms;

(2) Requirements for doing business;

(3) Application requirements and procedures;

(4) Conditions for receiving a certificate of authority;

(5) Criteria for suspending or revoking a certificate of authority;

(6) Organizational structure;

(7) Financial condition;

(8) Pooling and sharing risks; and

(9) Notice requirements.
Source: SL 2013, ch 257, ยง 28.

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