South Dakota Statutes
§ 58-24-12 — Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization.
South Dakota § 58-24-12
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-23AFIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS
This text of South Dakota § 58-24-12 (Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization.) 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 § 58-24-12 (2026).
Text
An insurer may satisfy its obligation to make filings pursuant to this chapter by:
(1)Becoming a member of, or a subscriber to, a licensed rating organization that makes filings; and (2) Authorizing the director to accept filings on its behalf. Nothing contained in this chapter may be construed as requiring any insurer to become a member of or a subscriber to any rating organization.
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Legislative History
SL 1966, ch 111, ch 15, § 4 (2); SL 2014, ch 239, § 1.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-24-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-24-12.