20:06:36:28Foreign insurers and
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
- Medicare Supplement coverage and insurance governance updatesEffective
- Insurance rules updating source referencesEffective
- Insurance rules updates and Medicare coverage amountsEffective
- Insurance rules update for Medicare coverageEffective
- Insurance division administrative updatesEffective
- Insurance reporting and health plan requirements updatesEffective
- Insurance administrative rules updatesEffective
health organizations -- Mandatory control level event. If a mandatory control level event occurs for any foreign insurer or foreign health organization and no domiciliary receiver has been appointed for the foreign insurer or foreign health organization under the rehabilitation and liquidation statute applicable in the state of domicile of the foreign insurer or foreign health organization, the director may apply to the circuit court of Hughes County, as permitted under SDCL chapter 58-29B, for the liquidation of property of foreign insurers or foreign health organizations found in this state. The occurrence of the mandatory control level event is adequate grounds for the application.
Source: 23 SDR 228, effective July 3, 1997; 41 SDR 93, effective December 3, 2014.