20:76:05:01. Minimum limits. A licensee shall carry malpractice or professional liability insurance, with a company with a certificate of authority from the South Dakota Division of Insurance, with limits of no less than $250,000 per occurrence. A licensee shall notify the board of any change of carrier occurring after a license or renewal is granted.
An applicant shall submit the declarations page issued by the applicant's malpractice insurance carrier with any application for licensure, temporary permit or license renewal.
Source: 33 SDR 50, effective September 21, 2006; 43 SDR 181, effective July 10, 2017.
General Authority: SDCL 36-35-21.
Law Implemented: SDCL 36-35-12, 36-35-21.