South Dakota Statutes
§ 58-5-62 — Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited.
No insurer shall guarantee any financial obligation of any of its officers, directors, stockholders, or members.
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South Dakota § 58-5-62 (Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.