58-18-88.1. Request for waiver by association formed in another state.
70 words·~1 min read·
/sd/title-58/chapter-58-18/58-18-88-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An association not formed in this state may request a waiver of subdivisions 58-18-88(3) and
(5)regarding organization in South Dakota to sponsor a multiple employer trust in this state if the association provides sufficient evidence a waiver is in the best interests of the insurance-buying public. An association not formed in this state shall be in full compliance with the laws of all states where the association does business.