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2020 South Dakota Codified Laws
Title 58 - Insurance
Chapter 06 - Authority To Transact Insurance In State
Section 58-6-37 - Deposit of title insurer as guaranty fund--Purpose.
Universal Citation: SD Codified L § 58-6-37 (2020)
58-6-37. Deposit of title insurer as guaranty fund--Purpose.
The deposit shall be known as a "guaranty fund," and shall be held as security for the faithful performance by the insurer of all its undertakings and liabilities under its title policies or other guarantees of title to property, but shall not be subject to any other liabilities of the insurer.
Source: SL 1966, ch 111, ch 3, ยง14 (2).
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