S.D. Admin. R. 20:06:44:02

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

Section 20:06:44:02 - Standards and criteria for qualification as a nonprofit organization

To qualify as a nonprofit organization as described under SDCL subdivision 58-4A-13(7) the organization must:

(1) Be organized as a not for profit organization under the laws of the state in which its principal place of business is;

(2) Have as its principal purpose either the detection and prevention of insurance fraud or the detection and prevention of crime, or both;

(3) Either limit its membership to designees or insurers or to any entity or person described in SDCL 58-4A-13 or agree not to release any criminal intelligence information which it may possess to any of its members who are not designees or insurers or any entity or person described in SDCL 58-4A-13; and

(4) If the organization transmits information on-line, it must have a system that meets industry standard security measures for the storing and transmission of criminal intelligence information.

S.D. Admin. R. 20:06:44:02

26 SDR 109, effective 3/5/2000.

General Authority: SDCL 58-4A-13.

Law Implemented: SDCL 58-4A-13.