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Administrative Rules
Rule 64:06:01:56 Bond -- Cancellation.

          64:06:01:56.  Bond -- Cancellation. From and after the effective date of this rule, the department may not accept bonds which allow termination of liability prior to a time 90 days subsequent to notification of the department of the cancellation.

          Source: 2 SDR 40, effective December 8, 1975; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995.

          General Authority:SDCL 10-45-47.1.

          Law Implemented:SDCL 10-45-24, 10-45-26.

Online Archived History: