State of South Dakota

South Dakota Legislature

Administrative Rules

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Rule 20:76:05:01 Minimum limits.

          20:76:05:01.  Minimum limits. A licensee shall carry malpractice or professional liability insurance, with a company with a certificate of authority from the South Dakota Division of Insurance, with limits of no less than $250,000 per occurrence. A licensee shall notify the board of any change of carrier occurring after a license or renewal is granted.

 

          Source: 33 SDR 50, effective September 21, 2006.

          General Authority: SDCL 36-35-24(5).

          Law Implemented: SDCL 36-35-12, 36-35-21.

 


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