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S.D. Codified Laws § 58-29B-9

Persons to cooperate in proceedings and preliminary investigations

Known as the Insurers Supervision, Rehabilitation, and Liquidation Act

The act spans §§ 58–58 (167 sections).

Source: SL 1989, ch 436, § 9; SL 2001, ch 286, § 140.

Any officer, manager, director, trustee, owner, employee, representative, or insurance producer of any insurer, or any other persons with authority over or in charge of any segment of the insurer's affairs, shall cooperate with the director in any proceeding under this chapter or any investigation preliminary to the proceeding. The term, person, as used in this section, includes any person who exercises control directly or indirectly over activities of insurer through any holding company or other affiliate of the insurer. The term, to cooperate, includes the following:

(1) To reply promptly in writing to any inquiry from the director requesting such a reply; and

(2) To make available to the director any books, accounts, documents, or other records or information or property of or pertaining to the insurer and in the insurer's possession, custody, or control.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.