Each domestic insurer or domestic health organization that files an RBC plan or revised RBC plan with the director shall file a copy of the RBC plan or revised RBC plan with the insurance director in any state in which the insurer is authorized to do business under the following circumstance:
- (1) The state has an RBC provision for confidentiality substantially similar to §§ 20:06:36:22 to 20:06:36:22.02, inclusive; and
- (2) If the insurance director of that state has requested the insurer or health organization in writing for the filing, the insurer or health organization shall file a copy of the RBC plan or revised RBC plan in that state by the later of 15 days after the receipt of notice to file a copy of its RBC plan or revised RBC plan with that state or the date on which the RBC plan or revised RBC plan is filed under §§ 20:06:36:09 and 20:06:36:10.
Source: 23 SDR 228, effective July 3, 1997; 41 SDR 93, effective December 3, 2014.
General Authority: SDCL 58-4-48.
Law Implemented: SDCL 58-4-48.
Prior versions effective: 1997-07-03.