South Dakota Statutes

§ 58-30-132 — Acts of managing general agent--Examination by director--Costs.

South Dakota·Title 58 INSURANCE·Ch. 58-29F INSURANCE PRODUCERS
The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent is subject to examination by the director pursuant to chapter 58-3 . Unless otherwise set forth in the contract between the insurer and the managing general agent, the insurer shall pay the costs and expenses of the examination pursuant to § 58-3-15 .

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South Dakota § 58-30-132 (Acts of managing general agent--Examination by director--Costs.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1992, ch 353, § 9.

Nearby Sections

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