<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s80558233-6098-40a0-be49-0392dd1ec521P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s80558233-6098-40a0-be49-0392dd1ec521C0 { background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s80558233-6098-40a0-be49-0392dd1ec521C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s80558233-6098-40a0-be49-0392dd1ec521C0-000001 { background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s80558233-6098-40a0-be49-0392dd1ec521000002 { background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s80558233-6098-40a0-be49-0392dd1ec521C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s80558233-6098-40a0-be49-0392dd1ec521C2 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; text-decoration: underline; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:25:01.02"><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000000">20:06:25:01.02</span></a><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">.  Accounting methods for bail bonds.</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">An insurer</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> writing bail bonds may, in lieu of compliance with SSAP </span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">No. </span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">53 of the </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">Accounting Practices and Procedures Manual,</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> 2025 edition,</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> report bail bond written premiums less agent commissions and may recognize total premiums as earned on the effective date of the bonds. </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">An insurer</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> reporting premiums on this method </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">shall</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> file a supplemental Schedule T with the annual statement setting forth the gross premiums by state for premium tax purposes.</span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521000002"> </span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">    </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">Source:</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> 29 SDR 5, effective July 10, 2002; 30 SDR 39, effective September 28, 2003; 31 SDR 21, effective August 23, 2004; 33 SDR 59, effective October 5, 2006; 34 SDR 271, effective May 6, 2008; 35 SDR 165, effective December 22, 2008; 36 SDR 209, effective July 1, 2010; 37 SDR 241, effective July 1, 2011; 38 SDR 219, effective June 25, 2012; 39 SDR 219, effective June 26, 2013; 41 SDR 41, effective September 17, 2014; 42 SDR 52, effective October 13, 2015</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">; 42 SDR 177, effective June 28, 2016</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">; 45 SDR 10, effective August 2, 2018; 46 SDR 26, effective September 4, 2019; 46 SDR 147, effective July 2, 2020</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">; 47 SDR 137, effective June 28, 2021; 49 SDR 9, effective August 9, 2022; 50 SDR 13, effective August 10, 2023; 50 SDR 157, effective July 1, 2024; 51 SDR 142, effective July 3, 2025</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">.</span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">    </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">General Authority:</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-6-75"><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000003">58-6-75</span></a><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">.</span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">    </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">Law Implemented:</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-6-75"><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000003">58-6-75</span></a><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">.</span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521000002"> </span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">    </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">Reference:</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> </span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0-000001">Accounting Practices and Procedures Manual</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">, 20</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">25 edition</span><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0">. Copies may be obtained from the National Association of Insurance Commissioners, 1100 Walnut Street, Ste. 1500, Kansas City, MO 64106-2197, (816) 783-8300; </span><a href="http://www.naic.org./"><span class="s80558233-6098-40a0-be49-0392dd1ec521C2">http://www.naic.org.</span></a><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521C0"> Cost: $</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">0</span><span class="s80558233-6098-40a0-be49-0392dd1ec521C0">.</span></p><p dir="ltr" class="s80558233-6098-40a0-be49-0392dd1ec521P0"><span xml:space="preserve" class="s80558233-6098-40a0-be49-0392dd1ec521000002"> </span></p></div></body></html>