ARSD 20:06:57:05. Issuance of authorization
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Administrative Rules of South Dakota › Title 20 › Article 20:06 INSURANCE › Chapter 20:06:57 Self-funded multiple employer trusts › ARSD 20:06:57:05
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The director may issue an authorization to the multiple employer trust upon finding that the applicant multiple employer trust has met all requirements of SDCL 58-18-88 and this chapter. The director shall notify denied applicants of the reasons for denial. An unsuccessful applicant may file a new application for an authorization at any time, but not within 60 days of a previous denial by the director.
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