S.D. Admin. R. 20:06:45:25

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

Section 20:06:45:25 - Oversee service provider arrangements

The licensee:

(A) Exercises appropriate due diligence in selecting its service providers; and

(B) Requires its service providers to implement appropriate measures designed to meet the objectives of §§ 20:06:45:20 to 20:06:45:26, inclusive, and, where indicated by the licensee's risk assessment, takes appropriate steps to confirm that its service providers have satisfied these obligations.

S.D. Admin. R. 20:06:45:25

29 SDR 48, adopted September 20, 2002, effective 3/1/2003; 31 SDR 67, effective 11/14/2004.

General Authority: SDCL 58-2-40, 58-2-41.

Law Implemented: SDCL 58-2-40, 58-2-41.