The director of the Division of Insurance may promulgate rules pursuant to chapter 1-26 to carry out the provisions of this chapter including rules and forms governing disclosure documents, applications and reports, and defining any terms. For the purpose of rules and forms, the director may classify business opportunities, persons and matters within the director’s jurisdiction, and prescribe different requirements for different classes.

Terms Used In South Dakota Codified Laws 37-25A-32

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

Source: SL 1985, ch 305, § 32; SL 2017, ch 231 (Ex. Ord. 17-2), § 19, eff. Apr. 13, 2017.