South Dakota Statutes

§ 58-32-43 — Records of interstate commerce coverage--Report to director--Violation as misdemeanor.

South Dakota § 58-32-43
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-32SURPLUS LINE INSURANCE

This text of South Dakota § 58-32-43 (Records of interstate commerce coverage--Report to director--Violation as misdemeanor.) 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 § 58-32-43 (2026).

Text

Licensed insurance producers and brokers placing any insurance enumerated in subdivisions 58-32-5(1) to (4), inclusive, with an authorized insurer shall keep a record of each such coverage in detail as required of surplus line insurance under this chapter. The record shall be preserved for not less than five years from the effective date of the insurance and shall be kept available in this state for examination by the director. The broker shall furnish to the director at the director's request and on forms furnished by the director a report of all such coverages so placed in a designated calendar year. Any violation of this section is a Class 2 misdemeanor.

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Legislative History

SL 1966, ch 111, ch 11, § 2 (2); SL 1978, ch 359, § 2; SL 2001, ch 286, § 199.

Nearby Sections

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Bluebook (online)
South Dakota § 58-32-43, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-32-43.