S.D. Admin. R. 20:06:03:14
No solicitation subject to this section shall be made by any person other than the management of an insurer unless at least five business days prior thereto, or such shorter period as the director of insurance may authorize upon a showing of good cause therefor, there has been filed, with the director of insurance, by or on behalf of each participant in such solicitation, a statement in duplicate containing the information specified by §§ 20:06:03:37 to 20:06:03:40, inclusive, and a copy of any material proposed to be distributed to stockholders in furtherance of such solicitation. Where preliminary copies of any materials are filed, distribution to stockholders should be deferred until the director's comments have been received and complied with.
S.D. Admin. R. 20:06:03:14
General Authority: SDCL 58-4-1, 58-5-49.
Law Implemented: SDCL 58-5-49.