South Dakota Statutes
§ 58-5A-13 — Statements and notices mailed to shareholders--Expenses of mailing--Security required.
All statements, amendments, or other material filed pursuant to §§ 58-5A-3 to 58-5A-7 , inclusive, and all notices of public hearings held pursuant to §§ 58-5A-9 to 58-5A-12 , inclusive, shall be mailed by the insurer to its shareholders within five business days after the insurer has received such statements, amendments, other material, or notices. The expenses of mailing shall be borne by the person making the filing. As security for the payment of such expenses, such person shall file with the director an acceptable bond or other deposit in an amount to be determined by the director.
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South Dakota § 58-5A-13 (Statements and notices mailed to shareholders--Expenses of mailing--Security required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1972, ch 267, § 10.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.