20 : 06 : 60 : 01 . Definition of senior management. The term " senior management " means a corporate officer who either reports or has a duty to report information to the board of directors, to shareholders, or to regulators. The term may include a chief executive officer, a chief financial officer, a chief operations officer, a chief procurement officer, a chief legal officer, a chief information officer, or any other " c " level executive.

Source: 46 SDR 147 , effective July 2, 2020 .

General Authority: SDCL 58-5-166.

Law Implemented: SDCL 58-5-166.