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2014 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 06A - Risk Retention Groups
§ 58-6A-10 Prohibited acts by risk retention group.

SD Codified L § 58-6A-10 (2014) What's This?

58-6A-10. Prohibited acts by risk retention group. The following acts by a risk retention group are hereby prohibited:

(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and

(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.
Source: SL 1987, ch 372, § 10.

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