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U.S. State Codes
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South-Dakota
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Title 58 - Insurance
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Chapter 06 - Authority To Transact Insurance In...
Chapter 06 - Authority To Transact Insurance In State
§ 58-6-1 Certificate of authority required for transaction of insurance business--Exceptions--Violation as misdemeanor.
§ 58-6-2 Solicitation of insurance or transacting business in another state by insurer in this state without certificate of authority prohibited--Misdemeanor.
§ 58-6-3 Preemption of field of insurance regulation by state--Licensing by political subdivisions prohibited.
§ 58-6-4 Activities excepted from certificate of authority requirements.
§ 58-6-5 Foreign insurer--Investments in state without a certificate of authority.
§ 58-6-6 Eligibility of insurer for certificate of authority.
§ 58-6-7 Eligibility of insurer for certificate of authority--Necessity for maintenance of required reserves.
§ 58-6-8 Denial of authority to engage in business when contrary to public interest--Denial when managed by unqualified personnel--Affiliates.
§ 58-6-9 Continuance of authorization of prior authorized mutual and stock insurers--Participating policyholders--Quorum--Proxies--Issuance of nonvoting participating policies.
§ 58-6-10 Governmentally owned insurers prohibited--Exceptions.
§ 58-6-11 Readmission to state as an authorized insurer--Requirements--Payment of back premium taxes.
§ 58-6-12 Unauthorized insurers--Application of insurer violating insurance laws for authority to transact insurance in state--Payment of back premium taxes.
§ 58-6-13 Foreign insurance companies--Compliance with requirements for admission to do business in state--Waiver.
§ 58-6-14 Use of deceptively similar name prohibited.
§ 58-6-15 Use of deceptively similar name by life insurer prohibited for ten years.
§ 58-6-16 Use of name deceptively similar to name of foreign insurer prohibited.
§ 58-6-17 Name tending to deceive or mislead as to type of organization of insurer prohibited.
§ 58-6-18 Prevention of confusing similarity of names by director.
§ 58-6-19 Combination of insuring power of one insurer--Exception.
§ 58-6-20 Life insurer--Kinds of business authorized, exception.
§ 58-6-21 Reciprocal insurer--Transaction of life or title insurance prohibited.
§ 58-6-22 Title insurer--Transaction of other insurance prohibited.
§ 58-6-23 Paid-in capital and surplus requirements for certificate of authority.
§ 58-6-24 Determination of capital and surplus requirements for certificate of authority.
§ 58-6-25 Additional types of insurance--Request for authority to transact within three years after issuance of initial certificate--Basic surplus or additional surplus required.
§ 58-6-26 Surplus to qualify to transact one or more kinds of insurance by domestic mutual and reciprocal insurers--Laws governing.
§ 58-6-27 Continuation of authority of insurer holding prior certificate--Maintenance of capital stock or surplus requirements.
§ 58-6-28 Additional kinds of insurance authorized for insurer holding prior certificate--Capital and surplus requirements.
§ 58-6-29 Annuities--Granting by life insurer without additional capital or surplus.
§ 58-6-30 Health insurer issuing insurance against congenital defects without additional capital or surplus.
§ 58-6-31 Casualty insurer transacting health insurance without additional capital or surplus.
§ 58-6-32 Property insurer including additional kinds of insurance without additional capital or surplus.
§ 58-6-33 Deposit by all insurers--Exceptions.
§ 58-6-34 Deposits through director--Purpose--Amounts required--Deposits in other states in lieu of deposit with director.
§ 58-6-35 Deposits of foreign or alien insurers in another state--Quality of cash or securities.
§ 58-6-36 Deposit of title insurer--Amount required.
§ 58-6-37 Deposit of title insurer as guaranty fund--Purpose.
§ 58-6-38 Application for initial certificate of authority--Documents accompanying.
§ 58-6-39 Service of process through director.
§ 58-6-40 Time for approval or disapproval of original certificate--Extension--Failure to disapprove deemed approval.
§ 58-6-41 Kinds of insurance specified in certificate--Limitations within class.
§ 58-6-42 Annual reissuance of certificate not required--Annual renewal fee--Expiration of certificate.
§ 58-6-43 Foreign insurer exempt from foreign corporation laws.
§ 58-6-44 Refusal to renew or suspension or revocation of certificate, grounds.
§ 58-6-45 Hearing required on refusal to issue, suspension or revocation of certificate.
§ 58-6-46 Grounds for refusal to renew, suspension, or revocation of certificate.
§ 58-6-47 Suspension or revocation of certificate after hearing, grounds.
§ 58-6-48 Suspension of certificate on commencement of delinquency proceedings.
§ 58-6-49 Order of suspension, revocation, or refusal to renew certificate--Replacement of policies.
§ 58-6-50 Notice to insurance producers of suspension, revocation, or refusal to renew certificate--Insurance Producers' authority.
§ 58-6-51 Publication of notice of suspension, revocation, or refusal to renew certificate of authority.
§ 58-6-52 Duration of suspension of certificate of authority--Rescission or shortening.
§ 58-6-53 Rights and obligations of insurer during suspension.
§ 58-6-54 Reinstatement of certificate of authority which has not terminated where cause for suspension no longer exists.
§ 58-6-55 Reinstatement of authority of insurance producers--Notice to insurer and insurance producers.
§ 58-6-56 Suspension, revocation, or refusal to renew certificate because of deficiency of assets or impairment of capital or surplus--Cessation of business in state.
§ 58-6-57 Failure to notify or continuation of business after notice as felony.
§ 58-6-58 Impairment of assets, capital, or surplus--Suspension, revocation, or refusal to renew certificate of authority--Rehabilitator or receiver of insurer not required to notify agents.
§ 58-6-59 Liability of officers and directors of impaired insurers.
§ 58-6-60 Notice to insurer and insurance producers of refusal, suspension, or revocation of certificate.
§ 58-6-61 Suspension or revocation of authority of insurance producers--Notice by director.
§ 58-6-62 to 58-6-64. Repealed.
§ 58-6-65 , 58-6-66. Repealed.
§ 58-6-67 Contract not invalidated by violation of countersignature requirements.
§ 58-6-68 Insurers subject to taxation--Filing of returns and reports--Exemption of qualified pension, annuity, or profit-sharing plans.
§ 58-6-69 Report and payment of tax by surplus line brokers.
§ 58-6-70 Retaliatory tax provisions--Exception.
§ 58-6-71 Exemption from retaliatory tax provisions.
§ 58-6-72 Domicile of alien insurer for retaliatory tax purposes.
§ 58-6-73 Domicile of Canadian insurer for retaliatory tax purposes.
§ 58-6-74 Dissolution or retirement of insurer during year--Filing of reports and collection of taxes not defeated.
§ 58-6-75 Annual and quarterly statement of financial condition of insurer--Filing with director--Form and contents--Timeliness of filing.
§ 58-6-76 Summary of statement of financial condition of insurer--Publication by director.
§ 58-6-77 Time for publication of summary statement by director--Publication in judicial circuits.
§ 58-6-78 Director to supply summary statement to each legal newspaper published in each judicial circuit--Recognition of legal newspaper.
§ 58-6-79 Publication requirements do not apply to fraternal or benevolent life association transactions nor to mutual insurance companies or associations.
§ 58-6-80 Confidentiality of analysis ratios and examination synopses--Participation in regulatory information system.