South Dakota Statutes

§ 58-5-38 — Extinguishment of contingent liability must apply to all members and policies.

South Dakota § 58-5-38
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-38 (Extinguishment of contingent liability must apply to all members and policies.) 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 § 58-5-38 (2026).

Text

The director shall not approve the extinguishment of contingent liability pursuant to § 58-5-37 unless it applies to all members and all policies of insurance of such insurer.

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Legislative History

SL 1966, ch 111, ch 16, § 31 (2).

Nearby Sections

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Bluebook (online)
South Dakota § 58-5-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-38.