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S.D. Codified Laws § 58-48-4

Limited scope of waiver

Source: SL 2021, ch 214, § 4.

The director may not grant a waiver with respect to:

(1) Any law, regulation, bulletin, or other provision not subject to the director's jurisdiction;

(2) Any requirement as to the minimum amount of paid-in capital or surplus required to be possessed or maintained by any participant as determined by the director;

(3) Chapter 58-12 concerning unfair claims practices;

(4) Chapters 58-15, 58-16, 58-28, and 58-33A concerning life insurance;

(5) Chapters 58-17, 58-18, and 58-18B concerning health insurance;

(6) Chapter 58-17B concerning long-term care insurance;

(7) Chapter 58-20 concerning workers' compensation insurance;

(8) Chapter 58-25 concerning title insurance;

(9) Chapter 58-30 concerning sales through licensed insurance producers;

(10) Sections 58-33-1 to 58-33-47, inclusive, and §§ 58-33-66 to 58-33-69, inclusive, concerning certain unfair trade practices;

(11) Any laws, regulations, or bulletins directly relating to subdivisions (3) to (10), inclusive, of this section; and

(12) The application of any taxes or fees except as provided in subdivision 58-48-5(13).

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.