S.D. Admin. R. 20:06:37:33

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:06:37:33 - Notation of actuary's reliance upon experts

If the appointed actuary has relied on other experts to develop certain portions of the analysis, the reliance paragraph must include a statement such as the following:

I have relied on [name], [title] for [e.g., anticipated cash flows from currently owned assets, including variations in cash flows according to economic scenarios or certain critical aspects of the analysis performed in conjunction with forming my opinion], as certified in the attached statement. I have reviewed the information relied upon for reasonableness.

The statement of reliance on other experts must be accompanied by a statement by each of the experts in the form prescribed by § 20:06:37:39.

S.D. Admin. R. 20:06:37:33

23 SDR 236, effective 7/16/1997; 34 SDR 297, effective 6/2/2008.

General Authority: SDCL 58-26-46, 58-26-47, 58-26-50.

Law Implemented: SDCL 58-26-46, 58-26-47, 58-26-50.