58-17B-8. Adoption of rules to establish loss ratio standards.
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/sd/title-58/chapter-58-17/58-17b-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The director may adopt rules, pursuant to chapter 1-26 , establishing loss ratio standards for long - term care insurance policies provided that a specific reference to long - term insurance policies is contained in the regulation.