South Dakota Statutes

§ 58-46-7 — Issuance of certificate of authority.

South Dakota·Title 58 INSURANCE·Ch. 58-46 CAPTIVE INSURANCE COMPANIES
If the director is satisfied that the documents and statements that the captive insurance company has filed comply with the provisions of this chapter, the director shall issue a certificate of authority authorizing it to do insurance business in this state.

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Legislative History

SL 1996, ch 287, § 7; SL 2013, ch 257, § 6.

Nearby Sections

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