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Codified Laws

58-46-32Promulgation of rules.

The director may promulgate rules pursuant to chapter 1-26 to further the provisions of this chapter. The rules may include:

(1)    Definition of terms;

(2)    Requirements for doing business;

(3)    Application requirements and procedures;

(4)    Conditions for receiving a certificate of authority;

(5)    Criteria for suspending or revoking a certificate of authority;

(6)    Organizational structure;

(7)    Financial condition;

(8)    Pooling and sharing risks; and

(9)    Notice requirements.

Source: SL 2013, ch 257, § 28.