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Administrative Rules
Rule 20:06:38:35 Generally recognized expense table -- Approval.

          20:06:38:35.  Generally recognized expense table -- Approval. The director may approve any generally recognized expense table based on fully allocated expenses representing a significant portion of insurance companies if the expense table has been approved by the National Association of Insurance Commissioners and the director determines that the expense table provides adequate protection for the insurance buying public of this state.

          Source: 23 SDR 228, effective July 1, 1997.

          General Authority: SDCL 58-33-5.1.

          Law Implemented: SDCL 58-33-5.1.


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