Dispute resolution by mediation or arbitration

SDCL § 58-43-26 — under INDEPENDENT AUDIT OF INSURERS.

SDCL § 58-43-26

A qualified independent certified public accountant may enter into an agreement with an insurer to have disputes relating to an audit resolved by mediation or arbitration. However, if a delinquency proceeding commenced against the insurer under chapter 58-29B , the mediation or arbitration provisions shall operate at the option of the statutory successor. Source: SL 2007, ch 294 , § 4.