South Dakota Statutes

§ 58-44-3 — Application of chapter based on gross written premium on business placed with controlled insurer.

South Dakota § 58-44-3
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-44BROKER CONTROLLED PROPERTY AND CASUALTY INSURANCE

This text of South Dakota § 58-44-3 (Application of chapter based on gross written premium on business placed with controlled insurer.) 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 § 58-44-3 (2026).

Text

The provisions of this chapter apply if, in any calendar year, the aggregate amount of gross written premium on business placed with a controlled insurer by a controlling broker is equal to or greater than five percent of the admitted assets of the controlled insurer, as reported in the controlled insurers' quarterly statement filed as of September thirtieth of the prior year.

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Legislative History

SL 1992, ch 358, § 3.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-44-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-44-3.