South Dakota Statutes
§ 58-24-12 — Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization.
South Dakota·Title 58 INSURANCE·Ch. 58-23A FIRE, MARINE, CASUALTY, AND SURETY INSURANCE RATES AND RATING ORGANIZATIONS
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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South Dakota § 58-24-12 (Satisfaction of insurer's obligations by becoming member of or subscriber to licensed rating organization.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.