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§ 58-6A-17 Notice to director--Contents.

SD Codified L § 58-6A-17 (2019) (N/A)
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58-6A-17. Notice to director--Contents. Any purchasing group which intends to do business in this state shall furnish notice to the director which shall:

(1) Identify the state in which the group is domiciled;

(2) Specify the lines and classifications of liability insurance which the purchasing group intends to purchase;

(3) Identify the insurance company from which the group intends to purchase its insurance and the domicile, together with the complete business address, of such company;

(4) Identify the principal place of business of the group, together with the complete business address;

(5) Provide such other information as may be required by the director to verify that the purchasing group is qualified under § 58-6A-1;

(6) Identify all other states in which the group intends to do business; and

(7) Specify the method by which, and the person through whom insurance shall be offered to its members whose risks are resident or located in this state.Source: SL 1987, ch 372, § 17; SL 1988, ch 392, § 5.

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§ 58-6A-16.1 Exemptions for purchasing group and insurer in regard to liability insurance--Subject to other laws.
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