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

SDCL § 58-5A-11.1: Cost of hearing officer--Retention of various experts at acquiring person's expense.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-5A. INSURANCE HOLDING COMPANIES

If the director appoints a hearing officer to preside at the hearing pursuant to § 58-5A-9, the cost of employing the hearing officer shall be borne entirely by the entity making the filing of the information statement required by § 58-5A-4.

The director may retain at the acquiring person's expense any attorneys, actuaries, accountants, and other experts not otherwise a part of the director's staff as may be reasonably necessary to assist the director in reviewing the proposed acquisition of control.

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

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