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§ 58-11-72 Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions.

SD Codified L § 58-11-72 (2019) (N/A)
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58-11-72. Resubmitted form not to be disapproved for reasons other than in initial disapproval--Exceptions. Except as provided in this section, the director may not disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval. The director may disapprove a resubmitted policy form for reasons other than those initially set forth in the original notice of deficiencies or disapproval if:

(1) The filer has introduced new provisions in the resubmission;

(2) The filer has materially modified any substantive provisions of the policy form;

(3) There has been a change in any statute, rule, or published bulletin; or

(4) There has been reviewer error and the written disapproval fails to state a specific provision of applicable statute, rule, or bulletin that is necessary to have the policy form conform to the requirements of law.Source: SL 2008, ch 261, § 9.

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