South Dakota § 58-5-166 - Content and maintenance--Promulgation of Rules.

Full text of South Dakota South Dakota Codified Laws § 58-5-166 — Content and maintenance--Promulgation of Rules., with citation guidance and answers to common questions.

§ 58-5-166. Content and maintenance--Promulgation of Rules.

The insurer or insurance group has discretion over the responses to the corporate governance annual disclosure inquiries if the disclosure contains the material information necessary to permit the director to gain an understanding of the insurer's or group's corporate governance structure, policies, and practices. The director may request additional information the director determines is material and necessary to provide a clear understanding of the corporate governance policies and the reporting or information system or controls implementing those policies. Documentation and supporting information must be maintained and made available upon examination by the division or upon a request of the director.

The corporate governance annual disclosure must be prepared consistent with applicable administrative rules which may be promulgated by the division pursuant to chapter 1-26 regarding the contents and filing of the disclosure.

Source: SL 2020, ch 212, § 6.

Source: official South Dakota text · Last verified 2026-08-27

Frequently Asked Questions About South Dakota § 58-5-166

What does South Dakota Codified Laws § 58-5-166 cover?

Section 58-5-166 ("Content and maintenance--Promulgation of Rules.") 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 § 58-5-166?

A common citation format is "South Dakota Codified Laws § 58-5-166" (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 § 58-5-166 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.