South Dakota Statutes
§ 58-23-2 — Bankruptcy or insolvency of assured--Insurer not released from liability.
South Dakota § 58-23-2
This text of South Dakota § 58-23-2 (Bankruptcy or insolvency of assured--Insurer not released from liability.) 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 § 58-23-2 (2026).
Text
No liability insurance policy issued in this state shall contain any requirement for the payment of liability or loss under the policy, by the assured, but all such policies shall provide in substance that the bankruptcy or insolvency of the assured shall not release the insurer from liability.
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Legislative History
SL 1966, ch 111, ch 32, § 2.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-23-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-23-2.