South Dakota Statutes

§ 10-44-5 — Functions of regional home office and principal office--Rules.

South Dakota § 10-44-5
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-43INSURANCE COMPANY PREMIUM AND ANNUITY TAX

This text of South Dakota § 10-44-5 (Functions of regional home office and principal office--Rules.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 10-44-5 (2026).

Text

A regional home office, for the purposes of § 10-44-4 , means an office performing, for an area covering one or more states, the following functions: the marketing, claims, underwriting, and policyholder servicing. A regional home office may also perform the following functions: actuarial; medical (where required); law; advertising and publications; public relations; and supervision and training of sales and service forces. A principal office shall perform the same functions in addition to decision making and corporate activities. The director may promulgate rules pursuant to chapter 1-26 to define the functions that qualify for the regional home office credit.

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Related

Metropolitan Life Insurance Co. v. Kinsman
2008 SD 24 (South Dakota Supreme Court, 2008)
5 case citations

Legislative History

SDC Supp 1960, § 57.35A02 as added by SL 1967, ch 330; SL 1982, ch 110, § 2A; SL 1993, ch 97, § 2; SL 2004, ch 92, § 2.

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Bluebook (online)
South Dakota § 10-44-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-44-5.