20:06:48:05.  Effective date of risk pool coverage. Upon receipt of an application from an eligible person, the risk pool board shall issue the plan with an effective date corresponding to the date of the application. If an eligible person makes the application prior to the actual date of termination of existing creditable coverage, the risk pool board may issue the plan with an effective date coinciding with the termination date of the creditable coverage. The effective date of risk pool coverage may not be any earlier than August 1, 2003, regardless of the qualifying circumstances. The risk pool board and the eligible person may agree to an effective date other than what is required by this section.

          Source: 30 SDR 51, effective October 28, 2003.

          General Authority: SDCL 58-17-124(5).

          Law Implemented: SDCL 58-17-85, 58-17-124.