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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-48-6: Application review--Additional information required.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-48. INSURANCE INNOVATION WAIVERS

In addition to § 58-48-5, an applicant shall provide any additional information that the director determines is necessary, including proof of sufficient assets, accounts, liability coverage, surety bond coverage or other preparation by the applicant to ensure that consumers are protected, evidence that the applicant will be able to cover ongoing duties when the testing period terminates or terminates early, prior industry ratings, and past performance of the applicant. An applicant's failure to provide any information requested by the director forfeits the application for a waiver. The director may require the applicant to retain independent consultants to determine the accuracy of any information submitted by the applicant at the applicant's expense.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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