{"data":{"id":"us-sd/sdcl-58-5a-80.1","jurisdiction":"us-sd","citation":"SDCL § 58-5A-80.1","heading":"Internationally active insurance group--Supervision.","body":"The director may act as the group-wide supervisor for any internationally active insurance group in accordance with the provisions of this section. The director may also acknowledge another regulatory official as the group-wide supervisor if the internationally active insurance group:\n(1)Does not have substantial insurance operations in the United States;\n(2)Has substantial insurance operations in the United States, but not in this state; or\n(3)Has substantial insurance operations in the United States and this state, but the director has determined pursuant to the factors set forth in § 58-5A-80.2 that another regulatory official is the appropriate group-wide supervisor.\nAn insurance holding company system that does not qualify as an internationally active insurance group may request that the director make a determination or acknowledgment as to a group-wide supervisor pursuant to §§ 58-5A-80.2 and 58-5A-80.6.","path":["TITLE 58. INSURANCE","CHAPTER 58-5A. INSURANCE HOLDING COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-5A-80.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f44f3a9f4d4cde064bfc4eddf493165a1b6033bf8851a48333f09af3d3e57c50","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5a-80","next":"us-sd/sdcl-58-5a-80.2"},"notice":"GroundRules: Original legal text. Not legal advice."}