South Dakota Statutes

§ 58-34-8 — Bond of attorney in fact--Filing with and approval by director.

South Dakota § 58-34-8
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34RECIPROCAL INSURERS

This text of South Dakota § 58-34-8 (Bond of attorney in fact--Filing with and approval by director.) 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 § 58-34-8 (2026).

Text

Concurrently with the filing of the application provided for in § 58-34-7 , the attorney of a domestic reciprocal insurer shall file with the director a bond in favor of the State of South Dakota for the benefit of all persons damaged as a result of a breach of the conditions of his bond as set forth in § 58-34-9 . The bond shall be executed by the attorney and by an authorized corporate surety, and shall be subject to the director's approval.

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Legislative History

SL 1966, ch 111, ch 19, § 12 (1).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-34-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-34-8.