§ 21-3A-12 Rules established by director of Division of Insurance.

SD Codified L § 21-3A-12 (2019) (N/A)
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21-3A-12. Rules established by director of Division of Insurance. The director of the Division of Insurance shall establish rules:

(1) For determining which insurers, self-insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;

(2) To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and

(3) For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6.Source: SL 1986, ch 163, § 12.