Life And Health Insurance Guaranty Association

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Life And Health Insurance Guaranty Association

Checkout our iOS App for a better way to browser and research.

Section
58-29C-1

58-29C-1 to 58-29C-43.Repealed by SL 2003, ch 252, §20

Section
58-29C-44

Short title.

Section
58-29C-45

Purpose of chapter--Creation of association.

Section
58-29C-46

Persons provided with coverage--Policies and portions of policies not covered.

Section
58-29C-47

Construction of chapter.

Section
58-29C-48

Definitions.

Section
58-29C-49

Continuation of association--Membership--Function and organization--Accounts--Supervision--Meetings.

Section
58-29C-50

Board of directors--Appointment and term--Vacancies--Compensation.

Section
58-29C-51

Impaired or insolvent member--Actions authorized.

Section
58-29C-52

Funding provided by assessment of members--Classification of assessments--Amounts of assessments--Abatements--Refunds.

Section
58-29C-53

Plan of operation--Effective date--Requirements--Delegation of powers.

Section
58-29C-54

Duties and powers of director.

Section
58-29C-55

Detection and prevention of insurer insolvencies or impairments--Reports by board.

Section
58-29C-56

Member assessment as offset against premium tax liability.

Section
58-29C-57

Liability for unpaid assessment--Records of meetings--Association as creditor of impaired or insolvent insurer--Liquidation, rehabilitation, or conservation proceedings.

Section
58-29C-58

Association subject to regulation by director--Financial report.

Section
58-29C-59

Association's tax exemption status.

Section
58-29C-60

No liability for performance of powers and duties of association or its members.

Section
58-29C-61

Stay of proceedings against insolvent insurer--Default judgment set aside.

Section
58-29C-62

Use of existence of association for sales, solicitation, or inducement to purchase insurance prohibited--Summary document of purposes and limitations of chapter--Disclaimer.