Each application for a certificate of authority shall include financial statements showing the applicant's assets, liabilities, and sources of financial support. If the applicant's financial affairs are audited by independent certified public accountants, a copy of the applicant's most recent regular certified financial statement shall be deemed to satisfy this requirement unless the director directs that additional or more recent financial information is required for the proper administration of this chapter.
S.D. Codified Laws § 58-41-7
Financial statements required with application
Known as the Health Maintenance Organization Act
The act spans §§ 58–58 (129 sections).
Source: SL 1974, ch 321, § 6 (7).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.