S.D. Admin. R. 20:06:30:10

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:06:30:10 - Letter of intent - Time allowed for execution of agreement or amendment

A reinsurance agreement or an amendment to a reinsurance agreement must be executed within 90 days after the execution date of a letter of intent for credit to be granted for the reinsurance ceded.

S.D. Admin. R. 20:06:30:10

22 SDR 52, effective 10/25/1995.

General Authority: SDCL 58-14-17.

Law Implemented: SDCL 58-14-17.