South Dakota Statutes

§ 58-6-53 — Rights and obligations of insurer during suspension.

South Dakota § 58-6-53
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CAUTHORITY TO TRANSACT INSURANCE IN STATE

This text of South Dakota § 58-6-53 (Rights and obligations of insurer during suspension.) 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 § 58-6-53 (2026).

Text

During the suspension period the insurer shall not solicit or write any new business in this state, but shall file its annual statement, pay fees, licenses, and taxes as required under this title, and may service its business already in force in this state, as if the certificate of authority had continued in full force.

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Legislative History

SL 1966, ch 111, ch 3, § 21 (2).

Nearby Sections

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Bluebook (online)
South Dakota § 58-6-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6-53.