South Dakota Codified Laws 58-29D-11. Transfer of records to new administrator
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In the event the insurer and the administrator cancel their agreement, notwithstanding the provisions of § 58-29D-8, the administrator may, by written agreement with the insurer, transfer all records to a new administrator rather than retain them for five years. In such cases, the new administrator shall acknowledge, in writing, that it is responsible for retaining the records for the prior administrator as required in § 58-29D-8.
Terms Used In South Dakota Codified Laws 58-29D-11
- 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
Source: SL 1992, ch 352, § 11.