S.D. Codified Laws § 58-3-1
This is the official text of S.D. Codified Laws § 58-3-1, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Examination of insurers--Scope
Official statutory text
The director of the Division of Insurance shall examine the affairs, transactions, accounts, records, and assets of each company, authorized insurer, management company, an owned or controlled subsidiary of the insurer, and each rating organization, as often as he deems advisable. He shall examine each domestic insurer not less frequently than every five years. During an examination, the director may also examine any person or the business of any person that the director considers is necessary, material or affects the business of the insurer.
Source: SL 1966, ch 111, ch 2, § 16 (1); SL 1992, ch 338, § 2.
Source: SL 1966, ch 111, ch 2, § 16 (1); SL 1992, ch 338, § 2.
Status: in_force · Read it on the official government site
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