ARSD 20:06:30:19. Prohibition against avoidance

No insurer that has a covered policy as to which §§ 20:06:30:13 to 20:06:30:20, inclusive, apply may take any action, or enter into any transaction or arrangement, if the purpose of that action, transaction or arrangement is to avoid the requirements of §§ 20:06:30:13 to 20:06:30:20, inclusive, or to circumvent its purpose and intent.