South Dakota § 58-41-18 - Factors considered in determining financial responsibility.
Full text of South Dakota South Dakota Codified Laws § 58-41-18 — Factors considered in determining financial responsibility., with citation guidance and answers to common questions.
§ 58-41-18. Factors considered in determining financial responsibility.
In making a determination under subdivision 58-41-17(4), the director may consider:
(1) The financial soundness of the applicant's arrangements for health care services and the proposed schedule of charges used in connection therewith;
(2) The adequacy of its working capital;
(3) Arrangements which will guarantee for a reasonable period of time the continued availability or payment of the cost of health care services in the event of discontinuance of the health maintenance organization;
(4) Agreements with providers for the provision of health care services; and
(5) Any surety bond or deposit of cash or securities submitted in accordance with § 58-41-11 as a guarantee that the obligations will be duly performed.
Source: SL 1974, ch 321, § 10 (4).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-41-18
What does South Dakota Codified Laws § 58-41-18 cover?
Section 58-41-18 ("Factors considered in determining financial responsibility.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-41-18?
A common citation format is "South Dakota Codified Laws § 58-41-18" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-41-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.