ARSD 20:06:21:06.02
ARSD 20:06:21:06.02. Group cost-of-living adjustments -- Exceptions
Cite as S.D. Admin. R. 20:06:21:06.02
If the policy is issued to a group, the offer required in SDCL 58-17B-13 and 58-17B-13.1 and in ยง 20:06:21:06.01 shall be made to the group policyholder. However, if the policy is issued to a group as defined in SDCL 58-17B-2(4)(d), other than a continuing care retirement community, the offering shall be made to each proposed certificateholder.