Contingent liability of member of mutual insurer not terminated by termination of policy.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Organization And General Powers Of Insurers
  5. Contingent liability of member of mutual insurer not terminated by termination of policy.

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

58-5-30. Contingent liability of member of mutual insurer not terminated by termination of policy.

Termination of the policy of any member of a domestic mutual insurer shall not relieve him of contingent liability for his prorata share, if any, of the obligations of the insurer which accrued while the policy was in force.

Source: SL 1966, ch 111, ch 16, §29 (2).


Download our app to see the most-to-date content.