Nothing in § 58-33-109 or 58-33-110 requires a producer, third party administrator, insurer, or preferred provider organization to conduct due diligence with respect to a health benefit plan that it is not assisting and with respect to which it does not engage in the transacting of insurance.
S.D. Codified Laws § 58-33-111
Due diligence not required with respect to unassisted health benefit plan where not engaged in transacting of insurance
Known as the Unauthorized Insurers False Advertising Process Act
The act spans §§ 58-33-1 to 58-33-99 (145 sections).
Source: SL 2007, ch 292, § 19.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.