ARSD 20:06:09:33 – Description of transactions and agreements.

In submitting the materials for SDCL 58-5A-21 and § 20:06:09:32, the person filing must include the following:

(1) The nature and purpose of the transaction;
(2) The nature and amounts of any payments or transfers of assets between the parties;
(3) The identity of all parties to the transaction; and
(4) The relationship of the affiliated parties to the insurer.

Source: 20 SDR 36, effective September 19, 1993.

General Authority: SDCL 58-5A-70.

Law Implemented: SDCL 58-5A-21 , 58-5A-70.