20:06:57:03.01.  Waiver for out-of-state association plans. In addition to the information required by § 20:06:57:03, an association not formed in South Dakota which is seeking a waiver must include the following information in its application:

          (1)  A narrative statement describing the association's activities and the reasons a waiver is in the best interests of the public and should be granted;

          (2)  A certification attesting that the association is in full compliance with the laws of all the states where the association does business, including, where applicable, copies of all licenses or other approvals to operate in those states;

          (3)  A certification attesting that the association and all health plans sponsored by the association are in full compliance with the laws of all states where the association does business; and

          (4)  Any further information requested by the director.

          Source: 45 SDR 158, effective June 27, 2019.

          General Authority: SDCL 58-18-79, 58-18-89.

          Law Implemented: SDCL 58-18-3, 58-18-6, 58-18-88.