SDCL § 58-24-12: Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-24. FIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS
An insurer may satisfy its obligation to make filings pursuant to this chapter by:
(1) Becoming a member of, or a subscriber to, a licensed rating organization that makes filings; and
(2) Authorizing the director to accept filings on its behalf.
Nothing contained in this chapter may be construed as requiring any insurer to become a member of or a subscriber to any rating organization.
Collected 2026-09-03T15:18:57Z. Source file · JSON