ARSD 20:06:37:33
ARSD 20:06:37:33. Notation of actuary's reliance upon experts
Cite as S.D. Admin. R. 20:06:37:33
If the appointed actuary has relied on other experts to develop certain portions of the analysis, the reliance paragraph must include a statement such as the following:
I have relied on [name], [title] for [e.g., anticipated cash flows from currently owned assets, including variations in cash flows according to economic scenarios or certain critical aspects of the analysis performed in conjunction with forming my opinion], as certified in the attached statement. I have reviewed the information relied upon for reasonableness.
The statement of reliance on other experts must be accompanied by a statement by each of the experts in the form prescribed by § 20:06:37:39.