South Dakota Statutes

§ 58-5A-85 — Exemption from requirements.

South Dakota § 58-5A-85
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-85 (Exemption from requirements.) 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 § 58-5A-85 (2026).

Text

An insurer shall be exempt from the requirements of §§ 58-5A-81 to 58-5A-93 , inclusive, if:

(1)The insurer has annual direct written and unaffiliated assumed premium, including international direct and assumed premium but excluding premiums reinsured with the Federal Crop Insurance Corporation and National Flood Insurance Program, less than five hundred million dollars; and (2) The insurance group of which the insurer is a member has annual direct written and unaffiliated assumed premium, including international direct and assumed premium, but excluding premiums reinsured with the Federal Crop Insurance Corporation and National Flood Insurance Program, less than one billion dollars.

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Legislative History

SL 2017, ch 210, § 6.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5A-85, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-85.