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South Dakota Codified Laws
Title 58
Chapter 58-32
S.D. Codified Laws ch. 58-32
Surplus Line Insurance
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58-32-1
Purposes of chapter.
58-32-2
"Broker" defined.
58-32-3
"Export" defined.
58-32-3.1
Home state defined.
58-32-4
Chapter not applicable to life and health insurance, annuities, and reinsurance--Exceptions.
58-32-5
Exemption of interstate commerce.
58-32-6
Unauthorized acts constituting misdemeanors--Additional forfeiture.
58-32-7
Qualifications for surplus line broker's license--Out-of-state sales.
58-32-8
Application for surplus line license--Fee.
58-32-9
Licensing provisions applicable.
58-32-10
Repealed
Repealed
58-32-10.1
Bond of resident surplus line broker--Amount--Conditions--Termination.
58-32-11
Suspension or revocation of license of surplus line broker--Grounds.
58-32-12
Procedure for suspension or revocation of license.
58-32-13
Suspension or revocation of surplus line license affects all other licenses.
58-32-14
Revival of suspended or revoked broker's surplus line license--Payment of fine and delinquent taxes--Waiting period.
58-32-15
Acceptance of business from licensed insurance producer.
58-32-16
Impossibility of procuring coverage from authorized insurers--Procurement from unauthorized insurers.
58-32-16.1
Certain unauthorized insurers to submit annual report.
58-32-17
Conditions for export--Amount not procurable from authorized insurers.
58-32-18
Export of insurance where coverage available from authorized insurer prohibited--Exception.
58-32-19
Procurement of exported insurance through licensed surplus line broker.
58-32-20
Affidavit of broker as to exported insurance.
58-32-21
Placement in authorized insurer--Violation as misdemeanor.
58-32-22
Requirements for placing surplus lines insurance.
58-32-23
Financial condition of surplus line insurer--Director not required to determine.
58-32-24
Ineligibility of surplus line insurer because of financial condition--Order of director--Grounds.
58-32-25
Financial condition of surplus line insurer--Ascertainment by broker--Violation as misdemeanor.
58-32-26
Violation as misdemeanor--Revocation of licenses after hearing--Waiting period for new license.
58-32-27
Evidence of insurance--Certificate, execution, content.
58-32-28
Authority of broker to make certificate as to insurance granted by unauthorized insurer.
58-32-29
Change in evidence of insurance--Substitute certificate by broker.
58-32-30
False certificate by broker--Failure to notify insured as to material change--Misdemeanor.
58-32-31
Replacement of broker's certificate when policy issued.
58-32-32
Endorsement of contract--Violation as misdemeanor.
58-32-33
Surplus line insurance valid.
58-32-34
Liability of insurer as to losses and unearned premiums.
58-32-35
Assumption of surplus line direct risk--Extent of liability.
58-32-36
Venue of action against unauthorized insurer.
58-32-37
Action against unauthorized insurer--Service of process on director--Jurisdiction of court.
58-32-38
Director appointed process agent--Policy provision--Mailing of process to defendant.
58-32-39
Record by broker of each surplus line coverage--Violation as misdemeanor.
58-32-40
Record open to examination by director--Violation as misdemeanor.
58-32-41
Annual statement of broker--Filing with director--Violation as misdemeanor.
58-32-42
Annual statement of broker--Form and contents.
58-32-42.1
Uniform report may be prescribed in lieu of annual statement or affidavit as to exported insurance.
58-32-43
Records of interstate commerce coverage--Report to director--Violation as misdemeanor.
58-32-44
Tax on premiums--Time for remittance--Credit to general fund.
58-32-45
Premium tax when only part of risk in state--Multi-state agreement--Apportionment.
58-32-46
Fine for failure to remit tax or to file annual statement or uniform report--Collection.
58-32-47
Report of independently procured coverages--Violation as misdemeanor.
58-32-48
Negotiations, application, or premium payment bringing independently procured coverages within jurisdiction.
58-32-49
Production of records of insured for examination--Refusal to obey order of director as misdemeanor.
58-32-50
Tax on independently procured coverages--Payment to director, time.
58-32-51
Interest on delinquent tax on independently procured coverages.
58-32-52
Insured's liability for tax on independently procured coverages.
58-32-53
Deposits of taxes and interest collected on independently procured coverage.
58-32-54
Provisions on independently procured coverages do not affect unauthorized insurers.
58-32-55
Provisions on independently procured coverages inapplicable to life or health insurance, or annuities.
58-32-56
Rules and regulations--Adoption by director.
58-32-57
Repealed
Repealed
58-32-58
Citation of chapter.