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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-62 Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited.
Universal Citation: SD Codified L § 58-5-62 (2019)
58-5-62. Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited. No insurer shall guarantee any financial obligation of any of its officers, directors, stockholders, or members.
Source: SL 1966, ch 111, ch 16, ยง 22 (2).
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