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2024 South Dakota Codified Laws
Title 58 - Insurance
Chapter 29C - Life And Health Insurance Guaranty Association
- Section 58-29C-1 - 58-29C-1 to 58-29C-43.Repealed by SL 2003, ch 252, §20
- Section 58-29C-44 - Short title.
- Section 58-29C-45 - Purpose of chapter--Creation of association.
- Section 58-29C-46 - Persons provided with coverage--Policies and portions of policies not covered.
- Section 58-29C-47 - Construction of chapter.
- Section 58-29C-48 - Definitions.
- Section 58-29C-49 - Continuation of association--Membership--Function and organization--Accounts--Supervision--Meetings.
- Section 58-29C-50 - Board of directors--Appointment and term--Vacancies--Compensation.
- Section 58-29C-51 - Impaired or insolvent member--Actions authorized.
- Section 58-29C-52 - Funding provided by assessment of members--Classification of assessments--Amounts of assessments--Abatements--Refunds.
- Section 58-29C-53 - Plan of operation--Effective date--Requirements--Delegation of powers.
- Section 58-29C-54 - Duties and powers of director.
- Section 58-29C-55 - Detection and prevention of insurer insolvencies or impairments--Reports by board.
- Section 58-29C-56 - Member assessment as offset against premium tax liability.
- Section 58-29C-57 - Liability for unpaid assessment--Records of meetings--Association as creditor of impaired or insolvent insurer--Liquidation, rehabilitation, or conservation proceedings.
- Section 58-29C-58 - Association subject to regulation by director--Financial report.
- Section 58-29C-59 - Association's tax exemption status.
- Section 58-29C-60 - No liability for performance of powers and duties of association or its members.
- Section 58-29C-61 - Stay of proceedings against insolvent insurer--Default judgment set aside.
- Section 58-29C-62 - Use of existence of association for sales, solicitation, or inducement to purchase insurance prohibited--Summary document of purposes and limitations of chapter--Disclaimer.
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