There is a newer version
of
this Section
2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 29A - Insurance Guaranty Association
§ 58-29A-69 Association deemed insurer to extent of obligations on covered claims.
Universal Citation: SD Codified L § 58-29A-69 (2019)
58-29A-69. Association deemed insurer to extent of obligations on covered claims. The association shall be deemed the insurer to the extent of its obligation on the covered claims and to such extent, subject to the limitations provided in this chapter, shall have all rights, duties, and obligations of the insolvent insurer as if the insurer had not become insolvent, including the right to pursue and retain salvage and subrogation recoverable on paid covered claim obligations. The association may not be deemed the insolvent insurer for any purpose relating to the issue of whether the association is amenable to the personal jurisdiction of the courts of any state.
Source: SL 2000, ch 247, ยง 16.
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.
