South Dakota Statutes

§ 58-6A-13 — Financial contribution to or benefit from insurance insolvency guaranty fund prohibited.

South Dakota·Title 58 INSURANCE·Ch. 58-5C RISK RETENTION GROUPS
No risk retention group may be permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, or its insureds, receive any benefit from any such fund for claims arising out of the operations of such risk retention group.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 58-6A-13 (Financial contribution to or benefit from insurance insolvency guaranty fund prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1987, ch 372, § 13.

Nearby Sections

15
View on official source ↗