2011 South Dakota Code
Title 58 INSURANCE
Chapter 42. Legal Expense Insurance
§58-42-4 Who may be authorized to transact legal expense insurance--Requirements and restrictions--Transaction together with other insurance.


SD Codified L § 58-42-4 (through 2011) What's This?

58-42-4. Who may be authorized to transact legal expense insurance--Requirements and restrictions--Transaction together with other insurance. Any domestic or foreign insurer may be authorized to transact legal expense insurance in this state, subject to the requirements and restrictions of this chapter and chapter 58-24 with respect to casualty insurance. Legal expense insurance may be transacted alone or together with disability insurance or casualty insurance. No insurer may transact liability insurance and also issue legal expense insurance policies providing coverage for the enforcement of claims against third persons unless the requirements of § 58-42-5 are met and the director is satisfied that the interests of policyholders of legal expense insurance policies are not endangered by potential conflicts of interest in the insurer.

Source: SL 1988, ch 409, § 4.

Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.