{"data":{"id":"us-sd/sdcl-58-6a-4","jurisdiction":"us-sd","citation":"SDCL § 58-6A-4","heading":"Financial information submitted to director.","body":"Any risk retention group doing business in this state shall submit to the director:\n(1) A copy of the group's financial statement submitted to its state of domicile, which shall be certified by an independent public accountant and contain a statement of opinion on loss and loss adjustment expense reserves made by a member of the American Academy of Actuaries or a qualified loss reserve specialist under criteria established by the National Association of Insurance Commissioners;\n(2) A copy of each examination of the risk retention group as certified by the director or public official conducting the examination;\n(3) Upon request by the director, a copy of any audit performed with respect to the risk retention group; and\n(4) Such information as may be required to verify its continuing qualification as a risk retention group under this chapter.","path":["TITLE 58. INSURANCE","CHAPTER 58-6A. RISK RETENTION GROUPS"],"source_url":"https://sdlegislature.gov/Statutes/58-6A-4","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6e2d253932a0509d1db9afe703cd0b56735367f3d029e57c946cf893efce9aa0","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-58-6a-3.12","next":"us-sd/sdcl-58-6a-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
