South Dakota Statutes

§ 58-5-36 — Lien of mutual insurer for levy of assessment for contingent liability.

South Dakota § 58-5-36
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-36 (Lien of mutual insurer for levy of assessment for contingent liability.) 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 § 58-5-36 (2026).

Text

If approved by the director of insurance as being in the best interests of the insurer and its members an assessment pursuant to § 58-5-32 after notice under that section may be secured by placing a lien upon the cash surrender value and accumulated dividends of any life insurance policy held by the insurer to the credit of such member.

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Legislative History

SL 1966, ch 111, ch 16, § 30 (5).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-36, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-36.