Due diligence not required with respect to unassisted health benefit plan where not engaged in transacting of insurance.

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58-33-111. Due diligence not required with respect to unassisted health benefit plan where not engaged in transacting of insurance.

Nothing in §58-33-109 or 58-33-110 requires a producer, third party administrator, insurer, or preferred provider organization to conduct due diligence with respect to a health benefit plan that it is not assisting and with respect to which it does not engage in the transacting of insurance.

Source: SL 2007, ch 292, §19.


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