20 : 06 : 30 : 19 . Prohibition against avoidance. No insurer that has a covered policy as to which §§ 20:06:30:13 to 20:06:30:20 , inclusive, apply may take any action, or enter into any transaction or arrangement, if the purpose of that action, transaction or arrangement is to avoid the requirements of §§ 20:06:30:13 to 20:06:30:20 , inclusive, or to circumvent its purpose and intent .

Source: 49 SDR 9, effective August 9, 2022 .

General Authority: SDCL 58-14-17 .

Law Implemented: SDCL 58-14-17 .