South Dakota Statutes
§ 58-5-62 — Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited.
South Dakota § 58-5-62
This text of South Dakota § 58-5-62 (Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited.) 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 § 58-5-62 (2026).
Text
No insurer shall guarantee any financial obligation of any of its officers, directors, stockholders, or members.
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Legislative History
SL 1966, ch 111, ch 16, § 22 (2).
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 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§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-5-62, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-62.