<html> <head> <title>Rule 20:06:09:23 Consolidated registrations -- Authorized insurers.</title> <META NAME="Keywords" Content="Administrative Rules 20:06:09:23"> <META NAME="Description" Content="Administrative Rules 20:06:09:23 Consolidated registrations -- Authorized insurers."> <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>20:06:09:23.&nbsp;&nbsp;Consolidated registrations -- Authorized insurers.</b> Any authorized insurer may file Form B, the registration statement, on behalf of any affiliated insurer or insurers which are required to register under SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-20">58-5A-20</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-21">58-5A-21</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-23">58-5A-23</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-25">58-5A-25</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-30">58-5A-30</A>, inclusive, and <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-54">58-5A-54.</A> A registration statement may include information not required by SDCL chapter 58-5A regarding any insurer in the insurance holding company system even if the insurer is not authorized to do business in this state. In lieu of filing a registration statement on Form B, the authorized insurer may file a copy of the registration statement or a similar report which it is required to file in its state of domicile, if the statement or report contains substantially similar information to that required to be furnished on Form B and the filing insurer is the principal insurance company in the insurance holding company system.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The question of whether the filing insurer is the principal insurance company in the insurance holding company system is a question of fact, and an insurer filing a registration statement or report in lieu of Form B on behalf of an affiliated insurer must set forth a brief statement of facts which substantiates the filing insurer's claim that it is the principal insurer in the insurance holding company system.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 36, effective September 19, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-5A-70">58-5A-70.</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=58-5A-70">58-5A-70.</A></p> </div> </body> </html>