The memorandum must include the following statement concerning conformity to standards of practice:

Actuarial methods, considerations, and analyses used in the preparation of this memorandum conform to the applicable standards of practice, as promulgated by the Actuarial Standards Board, which form the basis for this memorandum.

Source: 23 SDR 236, effective July 16, 1997.

General Authority: SDCL 58-26-49.

Law Implemented: SDCL 58-26-46 , 58-26-47.