S.D. Admin. R. 20:06:03:39

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:06:03:39 - Further matters

The following general information should be filed:

(1) The time and circumstances under which the solicitor became a participant in the solicitation and state the nature and extent of the activities or proposed activities as a participant;

(2) Briefly, and where practicable, the approximate amount of, any material interest, direct or indirect, of the solicitor and of each of the solicitor's associates in any material transactions since the beginning of the company's last fiscal year, or in any material proposed transactions, to which the company or any of its subsidiaries or affiliates was or is to be a party;

(3) State whether or not the solicitor or any associates have any arrangement or understanding with any person:

(a) With respect to any future employment by the insurer or its subsidiaries or affiliates; or

(b) With respect to any future transactions to which the insurer or any of its subsidiaries or affiliates will or may be a party and if so, describe such arrangement or understanding and state the names of the parties thereto.

S.D. Admin. R. 20:06:03:39

SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 58-4-1, 58-5-49.

Law Implemented: SDCL 58-5-49.