{"data":{"id":"us-sd/sdcl-58-5a-80.3","jurisdiction":"us-sd","citation":"SDCL § 58-5A-80.3","heading":"Internationally active insurance group--Group-wide supervisor acknowledgment.","body":"Notwithstanding any other provision in §§ 58-5A-80.1 to 58-5A-80.9, inclusive, if another regulatory official is acting as the group-wide supervisor of an internationally active insurance group, the director shall acknowledge that regulatory official as the group-wide supervisor. The director shall make a determination or acknowledgment as to the appropriate group-wide supervisor pursuant to § 58-5A-80.2 if a material change in the internationally active insurance group results in any of the following:\n(1)The internationally active insurance group's insurers domiciled in this state hold the largest share of the group's premiums, assets or liabilities; or\n(2)This state becomes the place of domicile of the top-tiered insurer or insurers in the insurance holding company system of the internationally active insurance group.","path":["TITLE 58. INSURANCE","CHAPTER 58-5A. INSURANCE HOLDING COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-5A-80.3","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"b5e6a0c427b7096cca60a488c901399ca07fc5826b6b3dc9628bd73ad053b2ea","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5a-80.2","next":"us-sd/sdcl-58-5a-80.4"},"notice":"GroundRules: Original legal text. Not legal advice."}