The licensee shall submit to verifiable address and records inspections and audits to insure compliance with applicable program requirements, including any random, follow-up, unannounced or other inspection or audit, as required by the commissioner. The commissioner shall approve an audit plan of licensees for each state fiscal year. At least ten percent of all licensed producers shall be randomly audited each state fiscal year. All licensed marketers and licensed processors shall be audited at least once each state fiscal year. Results of all inspections and audits shall be reported to the commissioner. The commissioner may release the number of inspections and audits conducted, the type and number of violations, and the type and number of remedial actions required in each county. All other data and information received and made during inspections and audits constitutes business information and shall remain confidential. Inspection and audit results shall be preserved by the department for a period of five years.

Source: 32 SDR 31, effective August 29, 2005; 33 SDR 188, effective May 10, 2007; 38 SDR 115, effective January 10, 2012; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.

General Authority: SDCL 1-53-43(3)(4)(5).

Law Implemented: SDCL 1-53-40, 1-43-42.

Prior versions effective: 2012-01-10.