Oversee service provider arrangements.
Effective Nov 14, 200431 SDR 67Source: 29 SDR 48, adopted September 20, 2002, effective March 1, 2003; 31 SDR 67, effective November 14, 2004. | General Authority: SDCL 58-2-40 , 58-2-41. | Law Implemented: SDCL 58-2-40 , 58-2-41.
The licensee:
- (A) Exercises appropriate due diligence in selecting its service providers; and
- (B) Requires its service providers to implement appropriate measures designed to meet the objectives of §§ 20:06:45:20 to 20:06:45:26, inclusive, and, where indicated by the licensee's risk assessment, takes appropriate steps to confirm that its service providers have satisfied these obligations.
Source: 29 SDR 48, adopted September 20, 2002, effective March 1, 2003; 31 SDR 67, effective November 14, 2004.
General Authority: SDCL 58-2-40 , 58-2-41.
Law Implemented: SDCL 58-2-40 , 58-2-41.