20:06:37:38Adverse opinions.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
If the appointed actuary is unable to form an opinion, then the actuary shall refuse to issue a statement of actuarial opinion. If the appointed actuary's opinion is adverse or qualified, then the actuary shall issue an adverse or qualified actuarial opinion explicitly stating the reason or reasons for that opinion. This statement follows the scope paragraph and precedes the opinion paragraph.
Source: 23 SDR 236, effective July 16, 1997.