South Dakota Statutes
§ 58-32-39 — Record by broker of each surplus line coverage--Violation as misdemeanor.
Each broker shall keep in the broker's office a record of each surplus line coverage procured by the broker, including a copy of each daily report, if any; a copy of each certificate issued by the broker; and the following items as may be applicable:
(1)Amount of the insurance;
(2)Gross premium charged;
(3)Return premium paid, if any;
(4)Rate of premium charged upon the several items of property;
(5)Effective date of the contract, and the terms thereof;
(6)Name and address of each insurer on the direct risk and the proportion of the entire risk assumed by such insurer if less than the entire risk;
(7)Name and address of the insured;
(8)Brief general description of the property or risk insured and where located or to be performed; and (9) Other information
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South Dakota § 58-32-39 (Record by broker of each surplus line coverage--Violation as misdemeanor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1966, ch 111, ch 11, § 16 (1); SL 1978, ch 359, § 2; SL 2015, ch 260, § 10.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.