§ 58-29D-1 Definition of terms
§ 58-29D-2 Administrator defined–Exceptions
§ 58-29D-3 Insurer defined
§ 58-29D-4 Written agreement between administrator and insurer
§ 58-29D-5 Provisions of written agreement
§ 58-29D-6 Termination of written agreement–Suspension of underwriting authority–Dispute
§ 58-29D-7 Status of payment of premiums and return premiums or claim payments to administrator
§ 58-29D-8 Recordkeeping by administrator
§ 58-29D-9 Director’s access to administrator’s records–Confidentiality
§ 58-29D-10 Insurer’s ownership of administrator’s records
§ 58-29D-11 Transfer of records to new administrator
§ 58-29D-12 Advertising–Approval of insurer
§ 58-29D-13 Insurer responsibility for procedures and administration of its programs–Review and audit of administrator
§ 58-29D-14 Fiduciary capacity of administrator–Accounting of underwriting transactions
§ 58-29D-15 Records of deposits and withdrawals from fiduciary account
§ 58-29D-16 Provisions in written agreement as to withdrawals from fiduciary account
§ 58-29D-18 Compensation of administrator
§ 58-29D-19 Notice of use of administrator to policyholder–Itemized charges–Disclosure of fees or commissions
§ 58-29D-20 Delivery of written communications from insurer
§ 58-29D-20.1 Annual report to employer of self-funded health benefit plan claims experience
§ 58-29D-21 Administrator’s license or registration required
§ 58-29D-22 Application by administrator–Contents–Fee
§ 58-29D-22.1 Annual financial statement–Contents of application–Required audit
§ 58-29D-23 Inspection of applicant’s contracts
§ 58-29D-24 Denial of license
§ 58-29D-25 Validity of license
§ 58-29D-26 Conditions not requiring license
§ 58-29D-27 Servicer of certain employee benefit plans–Exempt from licensure–Requirements
§ 58-29D-28 Notice of administrator’s change in circumstance
§ 58-29D-29 Waiver of application requirements
§ 58-29D-30 Annual renewal of administrator–Fee–Lapse of license or registration
§ 58-29D-31 Grounds for denial, suspension, or revocation of license or registration
§ 58-29D-32 Immediate suspension of license–No notice required
§ 58-29D-32.1 Notice of denial of application or renewal–Request for hearing–Hearing on suspension or revocation–Notice
§ 58-29D-33 Money penalty in lieu of suspension or revocation
§ 58-29D-34 Promulgation of rules
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Terms Used In South Dakota Codified Laws > Title 58 > Chapter 29D - Regulation of Life and Health Administrators

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2