There Is a Newer Version of the S
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 34 - Reciprocal Insurers
- § 58-34-1 "Reciprocal" insurance defined.
- § 58-34-2 "Reciprocal insurer" defined.
- § 58-34-3 "Attorney" defined.
- § 58-34-4 Application of chapter to foreign reciprocal insurers.
- § 58-34-5 Compliance required of existing insurers.
- § 58-34-6 Organization of insurer--Number of persons required.
- § 58-34-7 Application for certificate of authority--Execution and filing--Contents.
- § 58-34-8 Bond of attorney in fact--Filing with and approval by director.
- § 58-34-9 Amount and conditions of bond.
- § 58-34-10 Advance notice of cancellation of bond.
- § 58-34-11 Deposit in lieu of bond.
- § 58-34-12 Action on bond or to recover against deposit.
- § 58-34-13 Business name of insurer--Use in suits by and against.
- § 58-34-14 Surplus funds of domestic reciprocal insurer--Amounts required.
- § 58-34-15 Additional expendable surplus required of new insurer.
- § 58-34-16 Additional kinds of insurance transacted--Minimum amount of surplus funds.
- § 58-34-17 Surplus funds of existing insurers--Laws governing.
- § 58-34-18 Issuance of certificate of authority.
- § 58-34-19 Refusal, suspension, or revocation of certificate of authority--Grounds.
- § 58-34-20 Rights and powers of attorney provided by subscribers' agreement.
- § 58-34-21 Power of attorney--Form and contents.
- § 58-34-22 Power of attorney--Terms--Approval by director.
- § 58-34-23 Service of legal process upon domestic insurer.
- § 58-34-24 Liability of subscribers for judgment against insurer--Service of legal process.
- § 58-34-25 Eligibility to become subscriber.
- § 58-34-26 Authority of corporation to exchange insurance contracts.
- § 58-34-27 Representatives of subscribers not liable on contract.
- § 58-34-28 Advisory committee representing subscribers--Selection.
- § 58-34-29 Advisory committee--Qualifications of members.
- § 58-34-30 Powers of advisory committee.
- § 58-34-31 Modification of subscribers' agreement or power of attorney.
- § 58-34-32 Kinds of business transacted--Life or title insurance excepted.
- § 58-34-33 Reinsurance authorized.
- § 58-34-34 Advance of funds to insurer.
- § 58-34-35 Liability of subscribers several and proportionate.
- § 58-34-36 Contingent assessment liability of subscriber.
- § 58-34-37 Contingent liability stated in assessable policy.
- § 58-34-38 Assessments against subscribers--Authority for levy.
- § 58-34-39 Computation of amounts of assessments--Ratio of deficiency to premiums earned.
- § 58-34-40 Earned premiums, computation for purpose of assessments.
- § 58-34-41 Offset of claim for unearned premium against assessment prohibited.
- § 58-34-42 Time limit for levy of assessment.
- § 58-34-43 Aggregate liability of subscriber--Maximum in one year.
- § 58-34-44 Subscriber not liable until final judgment against insurer.
- § 58-34-45 Limited liability of subscriber on judgment.
- § 58-34-46 Nonassessable policies--Authorization for issuance--Extinguishment of contingent liability.
- § 58-34-47 Extinguishment of contingent liability of all subscribers required for authorization ofnonassessable policies.
- § 58-34-48 Impairment of surplus required for nonassessable policies--Revocation of extinguishmentauthority.
- § 58-34-49 Savings--Distribution to subscribers.
- § 58-34-50 Liquidation--Distribution of remaining assets to subscribers.
- § 58-34-51 Annual statement of insurer--Filing.
- § 58-34-52 Annual statement--Supplemental information required by director.
- § 58-34-53 Determination of financial condition--Rules applied by director.
- § 58-34-54 Premium deposits as assets.
- § 58-34-55 Surplus deposits--Allowance as assets.
- § 58-34-56 Uncollected assessments not allowed as assets.
- § 58-34-57 Contingent liability of subscribers not allowed as asset.
- § 58-34-58 Reserves charged as liabilities.
- § 58-34-59 Computation of reserves.
- § 58-34-60 Surplus deposits of subscribers not a liability.
- § 58-34-61 Merger or conversion prohibited.
- § 58-34-62 Impairment of surplus--Deficiency to be made up.
- § 58-34-63 Failure to make up deficiency--Insurer deemed insolvent.
- § 58-34-64 Liquidation of insurer ordered--Levy of assessment against subscribers.
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.
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