Chapter
RISK RETENTION GROUPS
- S.D. Codified Laws § 58-6A-1— Definition of terms
- S.D. Codified Laws § 58-6A-2— Charter and license of risk retention group--Approval of plan of operation or feasibility study--Revision of plan or study--Notice to National Association of Insurance Commissioners
- S.D. Codified Laws § 58-6A-3— Information submitted to director
- S.D. Codified Laws § 58-6A-3.1— Majority of risk retention group directors to be independent--Board determinations as to material relationship
- S.D. Codified Laws § 58-6A-3.2— Criteria of material relationship
- S.D. Codified Laws § 58-6A-3.3— Material service provider contracts
- S.D. Codified Laws § 58-6A-3.4— Notice to director of intent to enter into service provider contract meeting criteria of material relationship
- S.D. Codified Laws § 58-6A-3.5— Written policy in plan of operation
- S.D. Codified Laws § 58-6A-3.6— Members of audit committee
- S.D. Codified Laws § 58-6A-3.7— Purpose of audit committee
- S.D. Codified Laws § 58-6A-3.8— Waiver of audit committee requirement
- S.D. Codified Laws § 58-6A-3.9— Governance standards
- S.D. Codified Laws § 58-6A-3.10— Code of business conduct and ethics
- S.D. Codified Laws § 58-6A-3.11— Notice to director of noncompliance with standards
- S.D. Codified Laws § 58-6A-3.12— Application of §§ 58-6A-1 to 58-6A-3.11
- S.D. Codified Laws § 58-6A-4— Financial information submitted to director
- S.D. Codified Laws § 58-6A-5— Taxation of premiums--Payment by insurance producers or brokers--Payment by risk retention group--Report of premiums
- S.D. Codified Laws § 58-6A-5.1— Rate of taxation on premiums--Interest, fines and penalties--Payment
- S.D. Codified Laws § 58-6A-6— Compliance with Unfair Trade Practices Act
- S.D. Codified Laws § 58-6A-7— Compliance with laws regarding deceptive, false, or fraudulent acts or practices--Injunction
- S.D. Codified Laws § 58-6A-8— Examination by director
- S.D. Codified Laws § 58-6A-9— Notice contained on policy--Contents
- S.D. Codified Laws § 58-6A-10— Prohibited acts by risk retention group
- S.D. Codified Laws § 58-6A-11— Insurance company as member or owner
- S.D. Codified Laws § 58-6A-12— Compliance with voluntary dissolution or delinquency order by group not chartered if financially impaired
- S.D. Codified Laws § 58-6A-13— Financial contribution to or benefit from insurance insolvency guaranty fund prohibited
- S.D. Codified Laws § 58-6A-14— Countersignature on policy not required
- S.D. Codified Laws § 58-6A-15— Prohibited insurance coverage
- S.D. Codified Laws § 58-6A-16— 58-6A-16. Repealed by SL 1988, ch 392, § 3
- S.D. Codified Laws § 58-6A-16.1— Exemptions for purchasing group and insurer in regard to liability insurance--Subject to other laws
- S.D. Codified Laws § 58-6A-17— Notice to director--Contents
- S.D. Codified Laws § 58-6A-17.1— Notice to director of changes
- S.D. Codified Laws § 58-6A-17.2— Information required by director--Time for giving notice and information
- S.D. Codified Laws § 58-6A-18— Designation of director as agent for purchasing group--Exceptions
- S.D. Codified Laws § 58-6A-19— 58-6A-19. Repealed by SL 1988, ch 392, § 8
- S.D. Codified Laws § 58-6A-19.1— Purchase from risk retention group not chartered or insurer not admitted in state prohibited--Exception
- S.D. Codified Laws § 58-6A-19.2— Notice of unprotected risk when liability insurance obtained from insurer not admitted in this state or risk retention group
- S.D. Codified Laws § 58-6A-19.3— Purchase of insurance providing for deductible or self-induced retention applicable to whole group prohibited--Application to individuals allowed--Aggregate limits standards
- S.D. Codified Laws § 58-6A-19.4— Insurance producer or broker license required for purchasing liability insurance from risk retention group
- S.D. Codified Laws § 58-6A-19.5— Insurance producer or broker license required to solicit liability insurance for purchasing group from insurer or risk retention group
- S.D. Codified Laws § 58-6A-19.6— Insurance producer or broker license required to solicit liability insurance for member of purchasing group
- S.D. Codified Laws § 58-6A-19.7— Surplus lines producer or excess line producer license required to solicit liability insurance from unauthorized insurer for purchasing group
- S.D. Codified Laws § 58-6A-20— Director's use of enforcement powers--Injunctive authority
- S.D. Codified Laws § 58-6A-21— Penalty for violation
- S.D. Codified Laws § 58-6A-22— Broker license--Waiver of residency requirements
- S.D. Codified Laws § 58-6A-23— Enforcement of injunction against risk retention group in hazardous financial condition
- S.D. Codified Laws § 58-6A-24— Promulgation of rules