<html> <head> <title>Rule 20:41:05:10 Financial responsibility.</title> <META NAME="Keywords" Content="Administrative Rules 20:41:05:10"> <META NAME="Description" Content="Administrative Rules 20:41:05:10 Financial responsibility."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:41:05:10.&nbsp;&nbsp;Financial responsibility.</b> Each chiropractor shall obtain and maintain professional liability coverage in an amount not less than $100,000 per claim with a minimum annual aggregate of not less than $300,000 as a prerequisite for licensure or license renewal and shall provide proof of compliance to the board.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 80, effective December 6, 1998; 28 SDR 88, effective December 23, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-4">36-5-4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-14.2">36-5-14.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-15.2">36-5-15.2(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-4">36-5-4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-14.2">36-5-14.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-5-15.2">36-5-15.2(1).</A></p> </div> </body> </html>