South Dakota Statutes

§ 58-46-23 — Contribution to plan, pool, association, or guaranty or insolvency fund prohibited.

South Dakota § 58-46-23
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-46CAPTIVE INSURANCE COMPANIES

This text of South Dakota § 58-46-23 (Contribution to plan, pool, association, or guaranty or insolvency fund prohibited.) 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 § 58-46-23 (2026).

Text

No captive insurance company may join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state. No captive insurance company or its parent or affiliated entities may receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.

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Legislative History

SL 1996, ch 287, § 23; SL 2013, ch 257, § 19.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-46-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-46-23.