South Dakota Statutes

§ 58-5-18 — Applications for mutual insurance--Contents.

South Dakota § 58-5-18
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-18 (Applications for mutual insurance--Contents.) 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 § 58-5-18 (2026).

Text

All such applications shall provide that:

(1)Issuance of the policy is contingent upon the insurer qualifying for and receiving a certificate of authority;
(2)No insurance is in effect until the certificate of authority has been issued; and (3) The prepaid premium and any deposit, membership or policy fee shall be refunded in full to the applicant if the certificate of authority is not issued within one year from the date of the certificate of incorporation.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1966, ch 111, ch 16, § 11 (3).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 58-5-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-18.