Promulgation of rules.

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58-46-32. Promulgation 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.


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