{"data":{"id":"us-sd/sdcl-58-48-10","jurisdiction":"us-sd","citation":"SDCL § 58-48-10","heading":"Consumer disclosures--Digital disclosure receipts.","body":"Disclosures must be provided to consumers by a participant before providing an innovative insurance product or service in clear and conspicuous form disclosing the following:\n(1) The name and contact information of the participant;\n(2) That the innovative insurance product or service is authorized pursuant to a waiver;\n(3) That the participant does not have a license or other authorization to provide an insurance product or service under state laws that regulate insurance products or services outside a waiver, if applicable;\n(4) That the innovative insurance product or service may not function as intended and may expose the consumer to financial risk;\n(5) That the participant is not immune from civil liability for any losses or damages caused by the innovative insurance product or service;\n(6) That the innovative insurance product or service is not covered by any guaranty association if the participant becomes unable to pay claims;\n(7) That the state does not endorse or recommend the innovative insurance product or service;\n(8) That the innovative insurance product or service is a temporary test that may be discontinued at the termination of the testing period;\n(9) The expected termination date of the testing period; and\n(10) That a consumer may contact the division to file a complaint regarding the innovative insurance product or service being tested and provide the division's telephone number and website address where a complaint may be filed.\nThe director may require additional disclosures for the protection of consumers. A digital receipt from a consumer acknowledging the disclosures is required if the disclosures are delivered through an internet or application-based platform.","path":["TITLE 58. INSURANCE","CHAPTER 58-48. INSURANCE INNOVATION WAIVERS"],"source_url":"https://sdlegislature.gov/Statutes/58-48-10","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"4e3c558473fc2548b696a19c835fafec2586a9766c66bcac6f178513f80cf13d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-48-9","next":"us-sd/sdcl-58-48-11"},"notice":"GroundRules: Original legal text. Not legal advice."}