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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 14 - Reinsurance
§ 58-14-32 Approval and filing of contract.
Universal Citation: SD Codified L § 58-14-32 (2019)
58-14-32. Approval and filing of contract. The written contract with the agent, pursuant to § 58-14-29, specifying the responsibilities of each party, shall be approved by the reinsurer's board of directors. At least thirty days before the insurer or reinsurer assumes or cedes business through the agent or broker, the contract in § 58-14-29 shall be filed with the director for approval pursuant to §§ 58-5-85 to 58-5-87, inclusive.
Source: SL 1992, ch 345, § 9.
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