58-18B-47. Third-party administrator treated as small employer carrier.If a small employer carrier enters into a contract, agreement, or other arrangement with a third-party administrator to provide administrative, marketing, or other services related to the offering of health benefit plans to small employers in the state, the third-party administrator is subject to §§58-18B-37 to 58-18B-48, inclusive, as if it were a small employer carrier. Source: SL 1995, ch 281, §42.
South Dakota Legal Code