South Dakota Statutes

§ 58-35-38 — Cash premium plan--Collection of premiums.

South Dakota § 58-35-38
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34FARM MUTUAL INSURERS

This text of South Dakota § 58-35-38 (Cash premium plan--Collection of premiums.) 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 § 58-35-38 (2026).

Text

If transacting business on the cash premium plan, the insurer shall collect from each member before or at the effective date of the member's insurance the premium in such amount as the insurer deems will be adequate to cover losses and expenses incurred during the term of such insurance, or for a period of one year from the inception date of the policy, if same be written for a longer period than one year.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1966, ch 111, ch 17, § 6 (2).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 58-35-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-35-38.