South Dakota § 58-6A-17 - Notice to director--Contents.

§ 58-6A-17. Notice to director--Contents.

Any purchasing group which intends to do business in this state shall furnish notice to the director which shall:

(1)    Identify the state in which the group is domiciled;

(2)    Specify the lines and classifications of liability insurance which the purchasing group intends to purchase;

(3)    Identify the insurance company from which the group intends to purchase its insurance and the domicile, together with the complete business address, of such company;

(4)    Identify the principal place of business of the group, together with the complete business address;

(5)    Provide such other information as may be required by the director to verify that the purchasing group is qualified under § 58-6A-1;

(6)    Identify all other states in which the group intends to do business; and

(7)    Specify the method by which, and the person through whom insurance shall be offered to its members whose risks are resident or located in this state.

Source: SL 1987, ch 372, § 17; SL 1988, ch 392, § 5.