S.D. Codified Laws § 58-18-88.1

Current through the 2024 Legislative Session

Section 58-18-88.1 - Request for waiver by association formed in another state

An association not formed in this state may request a waiver of subdivisions 58-18-88(3) and (5) regarding organization in South Dakota to sponsor a multiple employer trust in this state if the association provides sufficient evidence a waiver is in the best interests of the insurance-buying public. An association not formed in this state shall be in full compliance with the laws of all states where the association does business.

SDCL 58-18-88.1

SL 2019, ch 212, §7.

Added by S.L. 2019, ch. 212,s. 7, eff. 7/1/2019.