20:06:39:32Contract of more than six months -- Defined.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
The phrase, contract of more than six months duration, means any contract that provides for renewal by the insured for a period beyond six months after the inception date. The phrase does not include short-term major medical plan that is nonrenewable.
Source: 30 SDR 39, effective September 28, 2003.
General Authority
- SDCL 58-17-87 ↗Amended by HB1001 (2021) — correct technical errors in statutory cross-references regarding insurance.Amended by HB1012 (2020) — correct technical errors in statutory cross-references.
Law Implemented
- SDCL 58-17-66 ↗Amended by SB181 (2020) — revise provisions regarding health benefit plans.