South Dakota Statutes
§ 58-6A-5.1 — Rate of taxation on premiums--Interest, fines and penalties--Payment.
South Dakota § 58-6A-5.1
This text of South Dakota § 58-6A-5.1 (Rate of taxation on premiums--Interest, fines and penalties--Payment.) 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-5.1 (2026).
Text
The premium tax imposed by chapter 10-44 and taxes on premiums paid for coverage of risks resident or located in this state by a purchasing group or any member of a purchasing group shall be imposed at the same rate and subject to the same interest, fines, and penalties as that applicable to premium taxes and taxes on premiums paid for similar coverage from a similar insurance source by other insureds. The tax may be paid first by such insurance source or the insurance producer for the purchasing group or by the purchasing group or by each member of a purchasing group.
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Legislative History
SL 1988, ch 392, § 1; SL 2001, ch 286, § 89.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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-5.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6A-5.1.