South Dakota Statutes

§ 58-3-9 — Valuation of real estate involved in examination--Appraisers, appointment, prompt appraisal, report--Expense of appraisal, liability of person examined.

South Dakota § 58-3-9
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-3EXAMINATION OF INSURERS AND INSURANCE PRODUCERS

This text of South Dakota § 58-3-9 (Valuation of real estate involved in examination--Appraisers, appointment, prompt appraisal, report--Expense of appraisal, liability of person examined.) 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 § 58-3-9 (2026).

Text

If the director deems it necessary to value any real estate involved in any such examination, he may make written request of the person being examined to appoint one or more competent appraisers approved by the director, for the purpose of appraising such property. If no such appointment is made within ten days after such request is delivered to such person, the Department of Labor and Regulation may appoint the appraiser or appraisers. Any such appraisal shall be made promptly, and a copy of the report thereof shall be furnished to the director. The reasonable expense of the appraisal shall be borne by the person being examined.

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Legislative History

SL 1966, ch 111, ch 2, § 18 (4); SL 2003, ch 272 (Ex. Ord. 03-1), § 20; SL 2011, ch 1 (Ex. Ord.

Nearby Sections

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Bluebook (online)
South Dakota § 58-3-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-3-9.