S.D. Admin. R. 20:06:36:11

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:36:11 - Unsatisfactory RBC plan - Notice of regulatory action event

If the director notifies an insurer or health organization that the insurer's or health organization's RBC plan or revised RBC plan is unsatisfactory, the director may, at the director's discretion and subject to the insurer's or health organization's right to a hearing under § 20:06:36:21, specify in the notice that the notice constitutes a regulatory action level event.

S.D. Admin. R. 20:06:36:11

23 SDR 228, effective 7/3/1997; 41 SDR 93, effective 12/3/2014.

General Authority: SDCL 58-4-48.

Law Implemented: SDCL 58-4-48.