South Dakota Statutes
§ 58-5-78 — Nonliability for insider trading acts in good faith in conformity with rule or regulation.
South Dakota § 58-5-78
This text of South Dakota § 58-5-78 (Nonliability for insider trading acts in good faith in conformity with rule or regulation.) 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 § 58-5-78 (2026).
Text
No provision of §§ 58-5-69 to 58-5-73 , inclusive, imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule or regulation of the insurance director, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or determined by judicial or other authority to be invalid for any reason.
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Legislative History
SL 1966, ch 111, ch 16, § 27 (8).
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-5-78, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-78.