South Dakota Statutes
§ 58-6A-19.1 — Purchase from risk retention group not chartered or insurer not admitted in state prohibited--Exception.
South Dakota § 58-6A-19.1
This text of South Dakota § 58-6A-19.1 (Purchase from risk retention group not chartered or insurer not admitted in state prohibited--Exception.) 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 § 58-6A-19.1 (2026).
Text
A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state or from an insurer not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed insurance producer acting pursuant to the surplus lines laws and regulations of such state.
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Legislative History
SL 1988, ch 392, § 9; SL 2001, ch 286, § 92.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-6A-19.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6A-19.1.