South Dakota Statutes

§ 58-46-23.2 — Prohibited insurance risks.

South Dakota § 58-46-23.2

JurisdictionSouth Dakota

Title 58INSURANCE

Ch. 58-46CAPTIVE INSURANCE COMPANIES

This text of South Dakota § 58-46-23.2 (Prohibited insurance risks.) 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 § 58-46-23.2 (2026).

Text

A captive insurance company may not insure:

(1)Any life or health risk; or (2) Any personal lines property casualty risk.

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Legislative History

SL 2013, ch 257, § 21.

Nearby Sections

15

§ 58-1-1

Citation of title.

§ 58-1-10

Existing licenses--Renewal, suspension, revocation or termination.

§ 58-1-11

General saving clause.

§ 58-1-12

Applicability of title under unrepealed laws.

§ 58-1-13

Severability of provisions.

§ 58-1-14

Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.

§ 58-1-14.1

Notice of refusal to renew--Thirty

§ 58-1-15

Homeowner's insurance policy defined--Notice of nonrenewal to policyholder required--Timing of notice--Exception.

§ 58-1-16

Exemption of charitable gift annuity from insurance regulation--Qualified organization.

§ 58-1-16.1

Applicability of §

§ 58-1-17

Disclosure statement for issuance of charitable gift annuity.

§ 58-1-18

Repealed by SL 2012, ch 252, § 30.

§ 58-1-19

Health benefit plans to issue uniform prescription drug information card--Exception--Director to prescribe format and contents.

§ 58-1-2

Definition of terms.

§ 58-1-20

Prescription drug information card to be issued upon enrollment--Reissuance.

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Bluebook (online)

South Dakota § 58-46-23.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-46-23.2.