South Dakota Statutes

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

South Dakota § 58-30-132
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-29FINSURANCE PRODUCERS

This text of South Dakota § 58-30-132 (Acts of managing general agent--Examination by director--Costs.) 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 § 58-30-132 (2026).

Text

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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Legislative History

SL 1992, ch 353, § 9.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-30-132, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-30-132.