S.D. Admin. R. 20:06:23:04

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

Section 20:06:23:04 - Criteria for targeted exams

In targeting a company for an examination not within the five-year examination schedule, the division may use any one of the following criteria in making that determination:

(1) The company meets any of the hazardous financial condition criteria in § 20:06:23:02;

(2) The company fails to complete the annual or quarterly statement correctly;

(3) The company is in violation of any section of Title 58;

(4) The nature and number of consumer complaints; or

(5) Another state requests or invites participation in a targeted examination.

S.D. Admin. R. 20:06:23:04

19 SDR 160, effective 4/27/1993.

General Authority: SDCL 58-3-26.

Law Implemented: SDCL 58-3-1, 58-3-26.