South Dakota § 58-11-29 Binders or other contracts for temporary insurance--Terms--Fraudulent statement as misdemeanor.

South Dakota Statutes

§ 58-11-29 — Binders or other contracts for temporary insurance--Terms--Fraudulent statement as misdemeanor.

South Dakota § 58-11-29

Title 58INSURANCE

Ch. 58-11FORM AND CONTENTS OF INSURANCE POLICIES

This text of South Dakota § 58-11-29 (Binders or other contracts for temporary insurance--Terms--Fraudulent statement as misdemeanor.) 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 § 58-11-29 (2026).

Text

Binders or other contracts for temporary insurance may be made orally or in writing, and shall be deemed to include all the usual terms of the policy as to which the binder was given together with such applicable endorsements as are designated in the binder, except as superseded by the clear and express terms of the binder. Any insurance producer or surplus lines broker who knowingly makes any false or fraudulent material statement on a binder, certificate of insurance, or other document offered as proof of insurance is guilty of a Class 1 misdemeanor for each offense.

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Binders or other contracts for temporary insurance may be made orally or in writing, and shall be deemed to include all the usual terms of the policy as to which the binder was given together with such applicable endorsements as are designated in the binder, except as superseded by the clear and express terms of the binder. Any insurance producer or surplus lines broker who knowingly makes any false or fraudulent material statement on a binder, certificate of insurance, or other document offered as proof of insurance is guilty of a Class 1 misdemeanor for each offense.