South Dakota Statutes

§ 58-19-32 — Settlement or adjustment of claims by person other than insurer prohibited--Creditor not claim representative--Payment by group policyholder.

South Dakota § 58-19-32
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-19CREDIT LIFE, HEALTH, UNEMPLOYMENT AND GROUP PROPERTY INSURANCE

This text of South Dakota § 58-19-32 (Settlement or adjustment of claims by person other than insurer prohibited--Creditor not claim representative--Payment by group policyholder.) 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 § 58-19-32 (2026).

Text

No plan or arrangement shall be used whereby any person, firm or corporation other than the insurer or its designated claim representative shall be authorized to settle or adjust claims. The creditor shall not be designated as claim representative for the insurer in adjusting claims; provided, that a group policyholder may, by arrangement with the group insurer, draw drafts or checks in payment of claims due to the group policyholder subject to audit and review by the insurer.

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Legislative History

SL 1966, ch 111, ch 27, § 10 (3).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-19-32, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-19-32.