South Dakota Statutes

§ 58-44-10 — Civil action in behalf of insurer for violation while under order for liquidation or rehabilitation.

South Dakota § 58-44-10
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-44BROKER CONTROLLED PROPERTY AND CASUALTY INSURANCE

This text of South Dakota § 58-44-10 (Civil action in behalf of insurer for violation while under order for liquidation or rehabilitation.) 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 § 58-44-10 (2026).

Text

If an order for liquidation or rehabilitation of the controlled insurer has been entered pursuant to chapter 58-29B , and the receiver appointed under that order believes that the controlling broker or any other person has not complied with this chapter, or any regulation or order, and the insurer suffered any loss or damage therefrom, the receiver may maintain a civil action for recovery of damages or other appropriate sanctions for the benefit of the insurer.

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Legislative History

SL 1992, ch 358, § 10.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-44-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-44-10.