South Dakota Statutes

§ 58-32-5 — Exemption of interstate commerce.

South Dakota·Title 58 INSURANCE·Ch. 58-32 SURPLUS LINE INSURANCE

The provisions of this chapter do not apply, except as to § 58-32-43 , to the following insurances if so placed by licensed insurance producers or surplus line brokers of this state:

(1)Ocean marine and foreign trade insurances;
(2)Insurance on subjects located, resident, or to be performed wholly outside of this state, or on vehicles or aircraft owned and principally garaged outside this state;
(3)Insurance on operations of railroads engaged in transportation in interstate commerce and their property used in such operations;
(4)Insurance of aircraft owned or operated by manufacturers of aircraft, or of aircraft operated in commercial interstate flight, or cargo of such aircraft, or against liability, other than workers' compensation and employer's liability, arising out of

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South Dakota § 58-32-5 (Exemption of interstate commerce.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 11, § 2 (1); SL 2001, ch 286, § 194.

Nearby Sections

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