South Dakota Statutes

§ 58-14-1 — Reinsurance defined.

South Dakota § 58-14-1
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13REINSURANCE

This text of South Dakota § 58-14-1 (Reinsurance defined.) 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 § 58-14-1 (2026).

Text

"Reinsurance" is a contract under which an originating insurer, called the "ceding insurer," procures insurance for itself in another insurer, called the "assuming insurer" or the "reinsurer," with respect to part or all of any insurance risk of the originating insurer.

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Legislative History

SL 1966, ch 111, ch 4, § 9.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-14-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-14-1.