South Dakota 05A — Insurance Holding Companies
- 58-5A-1 — Definition of terms.
- 58-5A-2 — "Domestic insurer" defined.
- 58-5A-3 — Acquisition of control of or merger with domestic insurer--Information statement required--Approval by director required--Violation as misdemeanor.
- 58-5A-4 — Contents of information statement--Violation as misdemeanor.
- 58-5A-5 — Information statement required of partners or members of syndicate or group--Violationas misdemeanor.
- 58-5A-6 — Information statement required of corporate officers, directors and major stockholders--Violation as misdemeanor.
- 58-5A-7 — Amendment of information statement--Violation as misdemeanor.
- 58-5A-8 — Federal or state registration statements utilized in furnishing information.
- 58-5A-9 — Approval by director of acquisition or merger--Grounds for disapproval.
- 58-5A-10 — Time of hearing--Notice.
- 58-5A-11 — Procedure at hearing--Evidence admissible.
- 58-5A-11.1 — Cost of hearing officer--Retention of various experts at acquiring person's expense.
- 58-5A-12 — Time for director's determination after hearing.
- 58-5A-13 — Statements and notices mailed to shareholders--Expenses of mailing--Security required.
- 58-5A-14 — Repealed.
- 58-5A-15 — Mergers and consolidations exempt from information and approval requirements.
- 58-5A-16 — Acquisitions exempt from information and approval requirements by order of director.
- 58-5A-17 — Repealed.
- 58-5A-18 — Acquisition or merger without approval as misdemeanor.
- 58-5A-19 — Jurisdiction of court in Hughes County--Director as attorney for service of process.
- 58-5A-20 — Registration of subsidiary insurer--Time for registration--Statement required of foreigninsurer.
- 58-5A-21 — Form and contents of registration statement.
- 58-5A-22 — Initial and annual registration fees.
- 58-5A-23 — Disclosure of immaterial information not required.
- 58-5A-24 — Report of changes required of registered insurer.
- 58-5A-25 — Termination of registration.
- 58-5A-26 — Consolidated registration statement or report by affiliated insurers.
- 58-5A-27 — Registration by insurer on behalf of affiliated insurer.
- 58-5A-28 — Insurer exempt from registration requirements on order of director.
- 58-5A-29 — Disclaimer of affiliation--Contents and effect of filing--Disallowance of disclaimer.
- 58-5A-30 — Failure to file registration statement--Fine--Waiver.
- 58-5A-31 — Registration requirements satisfied by duplicate copies of federal filings.
- 58-5A-32 — Standards for material transactions by registered insurers with affiliates--Nonconformity.
- 58-5A-33 — Repealed.
- 58-5A-34 — Adequacy of insurer's surplus--Factors considered.
- 58-5A-35 — Notice to director of extraordinary distribution--Approval by director.
- 58-5A-36 — Application for approval of extraordinary distribution--Contents.
- 58-5A-37 — Examination of insurers--Director's order to produce information.
- 58-5A-38 — Grounds for director's examination.
- 58-5A-39 — Personnel employed by department for conduct of examination.
- 58-5A-40 — Insurer to pay expense of examination.
- 58-5A-41 — Confidentiality of information and documents obtained by examination--Grounds forpublication by director.
- 58-5A-42 — Repealed.
- 58-5A-43 — Acquisition of subsidiaries--Limitations.
- 58-5A-44 — Disposition of investment in subsidiary upon cessation of control--Waiver.
- 58-5A-45 — Pre-acquisition notification--"Person" defined.
- 58-5A-46 — "Acquisition" and "Involved insurer" defined--Limited application.
- 58-5A-47 — Application of §§ 58-5A-46 to 58-5A-53--Exceptions.
- 58-5A-48 — Avoiding subjection to cease and desist order--Contents of pre-acquisition notification.
- 58-5A-49 — Action by director when acquisition lessens competition--Promulgation of rules establishingcompetitive standards.
- 58-5A-50 — Acquisitions subject to order under § 58-5A-69.
- 58-5A-51 — Plan for limiting anticompetitive impact of acquisition--Time limit.
- 58-5A-52 — Fine, suspension, or revocation for violation of cease and desist order.
- 58-5A-53 — Failure to comply with filing requirements--Fine.
- 58-5A-54 — Report of dividends and distributions to shareholders--Time limit.
- 58-5A-55 — Persons subject to registration to provide complete and accurate information to insurer.
- 58-5A-56 — Notification to director of certain transactions required.
- 58-5A-57 — Transactions entered into to avoid director's review prohibited.
- 58-5A-58 — Considerations in decision to approve or disapprove transactions.
- 58-5A-59 — Notification to director of certain investments into one corporation.
- 58-5A-60 — Certain securities not to be voted at shareholder's meeting--Application for injunction.
- 58-5A-61 — Petition to seize or sequester voting securities acquired in violation of chapter.
- 58-5A-62 — Violations by officers subject to fine--Determining amount of fine.
- 58-5A-63 — Transactions or contracts entered into without approval--Cease and desist order bydirector.
- 58-5A-64 — Criminal proceedings for violation committed knowingly--Fine.
- 58-5A-65 — False statements, reports, or filings as felony.
- 58-5A-66 — Order for conservation, liquidation, or rehabilitation--Distribution and recovery--Liability.
- 58-5A-67 — Suspension, revocation, or refusal to renew license for violation.
- 58-5A-68 — Stay of director's action upon appeal to circuit court.
- 58-5A-69 — Order by director upon violation of standards--Cease and desist--Denial of license.
- 58-5A-70 — Promulgation of rules by director.
- 58-5A-71 — Application of §§ 58-5A-60 and 58-5A-61.
- 58-5A-72 — Ownership situs of voting securities.
- 58-5A-73 — Additional investments by domestic insurer.
- 58-5A-74 — Determining whether investments meet applicable requirements.
- 58-5A-75 — Investments subject to chapter 58-27.
- 58-5A-76 — Application to insurer not a member of same holding company.
- 58-5A-77 — Dividends paid from earned surplus--Exclusions--Promulgation of rules for ordinarydividends.