58-11-12. Policy forms--Filing with and approval by director--Group policy certificates filed for informational purposes.
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/sd/title-58/chapter-58-11/58-11-12·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No basic insurance policy or annuity contract form, or group certificate form, or application form where written application is required and is to be made a part of the policy or contract, or printed rider or endorsement form or form of renewal certificate, shall be delivered or issued for delivery in this state, unless the form has been filed with and approved by the director, except that certificates delivered, but not solicited in this state, pursuant to a group policy issued or delivered outside the State of South Dakota shall be filed with the director for informational purposes.
A form filed with the director for informational purposes does not exempt that group policy or certificate from complying with any other applicable provisions of Title 58 or state law.