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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 14 - Reinsurance
Chapter 14 - Reinsurance
§ 58-14-1 Reinsurance defined.
§ 58-14-2 Repealed.
§ 58-14-3 Risk limits applicable.
§ 58-14-4 Credit not allowable as an asset or deduction from liability to ceding insurer--Exceptions--Payments.
§ 58-14-4.1 Association election to succeed to rights and obligations of insolvent insurer under reinsurance contract--Reinsurer's liability to pay claims.
§ 58-14-4.2 Liquidator of insolvent ceding insurer to provide notice to reinsurer of claim against ceding insurer--Investigation and election to interpose defense.
§ 58-14-5 Reinsurance contracts filed by ceding insurer--Cancellation or material change, duty to inform director.
§ 58-14-6 Original insured--No interest in reinsurance.
§ 58-14-7 Credit for reinsurance allowed for domestic ceding insurer as asset or deduction.
§ 58-14-8 Credit allowed for reinsurance if assuming insurer licensed in state.
§ 58-14-9 Requirements for reinsurer to be accredited.
§ 58-14-10 A lien assuming insurer--Standards--Surplus required--Examination of records .
§ 58-14-11 Credit for reinsurance ceded to insurer maintaining trust fund for payment of valid claims--Annual report of assuming insurer.
§ 58-14-11.1 Trust fund requirements for single assuming insurer .
§ 58-14-12 Trust fund requirements for group of incorporated underwriters.
§ 58-14-12.1 Trust fund requirements for group including incorporated and individual unincorporated underwriters.
§ 58-14-13 Establishment of trust--Annual report of balance and investments--Certification of termination of trust.
§ 58-14-14 Reinsurance credit for certain insurers limited to risks in foreign or alien jurisdictions.
§ 58-14-15 Allowance of credit for certain insurers not licensed, certified, or accredited in state .
§ 58-14-16 Asset or reduction from liability for reinsurance ceded to insurer not meeting requirements of § 58-14-7--Security.
§ 58-14-16.1 Credit allowed for reinsurance ceded to certified reinsurer.
§ 58-14-16.2 Eligibility for certification as reinsurer.
§ 58-14-16.3 Eligibility for certification of association including incorporated and individual unincorporated underwriters.
§ 58-14-16.4 List of qualified jurisdictions from which domiciled insurer eligible for consideration for certification.
§ 58-14-16.5 Eligibility of non-United States domiciliary jurisdiction to be recognized as qualified jurisdiction.
§ 58-14-16.6 National Association of Insurance Commissioners' list of qualified jurisdictions.
§ 58-14-16.7 Rating of certified reinsurer.
§ 58-14-16.8 Obligations assumed from United States ceding insurers to be secured consistent with rating.
§ 58-14-16.9 Security required for domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to certified reinsurer.
§ 58-14-16.10 Trust accounts of certified reinsurer securing obligations as multibeneficiary trust.
§ 58-14-16.11 Minimum trusteed surplus requirements.
§ 58-14-16.12 Reduction in allowable credit for insufficient security.
§ 58-14-16.13 Terminated or suspended certification--Inactive status.
§ 58-14-16.14 Applicant for certification certified as reinsurer in National Association of Insurance Commissioners accredited jurisdiction.
§ 58-14-16.15 Inactive certified reinsurers.
§ 58-14-16.16 Management and notice requirements regarding ceding insurer's reinsurance recoverables.
§ 58-14-16.17 Diversification of ceding insurer's reinsurance program--Notice requirements.
§ 58-14-16.18 Qualified United States financial institution defined for purposes of subdivision 58-14-16(3).
§ 58-14-16.19 Trust agreement conditions for assuming insurers not meeting certain requirements.
§ 58-14-16.20 Suspension or revocation of reinsurer' s accreditation or certification.
§ 58-14-16.21 Credit for reinsurance during suspension or revocation.
§ 58-14-16.22 Fees.
§ 58-14-17 Promulgation of rules.
§ 58-14-18 Application of reinsurance provisions.
§ 58-14-19 Substantially similar defined.
§ 58-14-20 Disallowance of credit or deduction.
§ 58-14-21 Reinsurer defined--Examination of reinsurer.
§ 58-14-22 Application of chapter.
§ 58-14-23 Qualified United States financial institution defined for eligibility to act as fiduciary of a trust.
§ 58-14-24 Definition of terms.
§ 58-14-25 Persons not agents.
§ 58-14-26 License required to sell, solicit, negotiate, or place reinsurance.
§ 58-14-27 Agent or broker bond--Errors and omissions policy.
§ 58-14-28 Refusal to license--Reasons.
§ 58-14-29 Written contract between agent or broker and insurer or reinsurer.
§ 58-14-30 Records of reinsurance contracts.
§ 58-14-31 Insurer or reinsurer to employ only licensed agent or broker.
§ 58-14-32 Approval and filing of contract.
§ 58-14-33 Additional provisions of contract.
§ 58-14-34 Handling of reinsurer.
§ 58-14-35 Restrictions on agent.
§ 58-14-36 Loss reserves--Actuary's opinion--Employee of agent or broker not to be appointed to reinsurer's board of directors.
§ 58-14-37 Examination of agent or broker--Cost.
§ 58-14-38 Penalty for violation.
§ 58-14-39 Rights of third party.
§ 58-14-40 Adoption of rules.
§ 58-14-41 Compliance with and application of §§ 58-14-24 to 58-14-42.
§ 58-14-42 Qualified United States financial institution.
§ 58-14-43 Restrictions on brokers connected to a firm or association.
§ 58-14-44 Restrictions on who may act as agent.