The association is subject to examination and regulation by the director. The board of directors shall submit to the director each year, not later than one hundred twenty days after the association's fiscal year, a financial report in a form approved by the director and a report of its activities during the preceding fiscal year. Upon the request of a member insurer, the association shall provide the member insurer with a copy of the report.
S.D. Codified Laws § 58-29C-58
Association subject to regulation by director--Financial report
Known as the South Dakota Life and Health Insurance Guaranty Association Act
The act spans §§ 58-29C-1 to 58-29C-62 (20 sections).
Source: SL 2003, ch 252, § 15.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.