S.D. Admin. R. 20:06:36:12

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

Section 20:06:36:12 - Additional filing requirements for RBC plan

Each domestic insurer or domestic health organization that files an RBC plan or revised RBC plan with the director shall file a copy of the RBC plan or revised RBC plan with the insurance director in any state in which the insurer is authorized to do business under the following circumstance:

(1) The state has an RBC provision for confidentiality substantially similar to §§ 20:06:36:22 to 20:06:36:22.02, inclusive; and

(2) If the insurance director of that state has requested the insurer or health organization in writing for the filing, the insurer or health organization shall file a copy of the RBC plan or revised RBC plan in that state by the later of 15 days after the receipt of notice to file a copy of its RBC plan or revised RBC plan with that state or the date on which the RBC plan or revised RBC plan is filed under §§ 20:06:36:09 and 20:06:36:10.

S.D. Admin. R. 20:06:36:12

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.