South Dakota 06A — Risk Retention Groups
- 58-6A-1 — Definition of terms.
- 58-6A-2 — Charter and license of risk retention group--Approval of plan of operation--Notice toNational Association of Insurance Commissioners.
- 58-6A-3 — Information submitted to director--Contents.
- 58-6A-4 — Financial information submitted to director.
- 58-6A-5 — Taxation of premiums--Payment by insurance producers or brokers--Payment by riskretention group--Report of premiums.
- 58-6A-5.1 — Rate of taxation on premiums--Interest, fines and penalties--Payment.
- 58-6A-6 — Compliance with Unfair Trade Practices Act.
- 58-6A-7 — Compliance with laws regarding deceptive, false, or fraudulent acts or practices--Injunction.
- 58-6A-8 — Examination by director.
- 58-6A-9 — Notice contained on policy--Contents.
- 58-6A-10 — Prohibited acts by risk retention group.
- 58-6A-11 — Insurance company as member or owner.
- 58-6A-12 — Compliance with voluntary dissolution or delinquency order by group not chartered iffinancially impaired.
- 58-6A-13 — Financial contribution to or benefit from insurance insolvency guaranty fund prohibited.
- 58-6A-14 — Countersignature on policy not required.
- 58-6A-15 — Prohibited insurance coverage.
- 58-6A-16 — Repealed.
- 58-6A-16.1 — Exemptions for purchasing group and insurer in regard to liability insurance--Subject toother laws.
- 58-6A-17 — Notice to director--Contents.
- 58-6A-17.1 — Notice to director of changes.
- 58-6A-17.2 — Information required by director--Time for giving notice and information.
- 58-6A-18 — Designation of director as agent for purchasing group--Exceptions.
- 58-6A-19 — Repealed.
- 58-6A-19.1 — Purchase from risk retention group not chartered or insurer not admitted in stateprohibited--Exception.
- 58-6A-19.2 — Notice of unprotected risk when liability insurance obtained from insurer not admitted inthis state or risk retention group.
- 58-6A-19.3 — Purchase of insurance providing for deductible or self-induced retention applicable towhole group prohibited--Application to individuals allowed--Aggregate limits standards.
- 58-6A-19.4 — Insurance producer or broker license required for purchasing liability insurance from riskretention group.
- 58-6A-19.5 — Insurance producer or broker license required to solicit liability insurance for purchasinggroup from insurer or risk retention group.
- 58-6A-19.6 — Insurance producer or broker license required to solicit liability insurance for member ofpurchasing group.
- 58-6A-19.7 — Surplus lines producer or excess line producer license required to solicit liability insurancefrom unauthorized insurer for purchasing group.
- 58-6A-20 — Director's use of enforcement powers--Injunctive authority.
- 58-6A-21 — Penalty for violation.
- 58-6A-22 — Broker license--Waiver of residency requirements.
- 58-6A-23 — Enforcement of injunction against risk retention group in hazardous financial condition.
- 58-6A-24 — Promulgation of rules.