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§ 58-9-32 Surety insurance including indemnification of banks, brokers, and financial institutions.

SD Codified L § 58-9-32 (2019) (N/A)
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58-9-32. Surety insurance including indemnification of banks, brokers, and financial institutions. "Surety insurance" includes insurance indemnifying banks, bankers, brokers, financial or moneyed corporations or associations against loss, resulting from any cause, of bills of exchange, notes, bonds, securities, evidences of debt, deeds, mortgages, warehouse receipts, or other valuable papers, documents, money, precious metals, and articles made therefrom, jewelry, watches, necklaces, bracelets, gems, precious and semiprecious stones, including any loss while the same are being transported in armored motor vehicles, or by messenger, but not including any other risks of transportation or navigation; also insurance against loss or damage to insured's premises, furniture, furnishings, fixtures, equipment, safes, and vaults therein, caused by burglary, robbery, theft, vandalism, malicious mischief, or any attempt thereat.

Source: SL 1966, ch 111, ch 4, § 7 (4).

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