§ 58-2-1.1 Division within Department of Labor and Regulation–Direction and supervision by department–Independent functions retained by division
§ 58-2-2.1 Appointment of director–Removal
§ 58-2-3 Qualifications of director
§ 58-2-9 Legal adviser to division–Employment–Duties
§ 58-2-10 Actuaries–Employment by department–Duties
§ 58-2-11 Examiners for examination of insurers and others–Employment by department
§ 58-2-12 Oath of office and bond of director–Bonds of insurance examiners, actuaries, and attorney for division–Bond premiums paid from state insurance fund
§ 58-2-13 Chief clerk and employees–Appointment
§ 58-2-14 Division personnel–Termination of employment by department
§ 58-2-15 Actuarial, technical, or other professional services–Department authorized to contract for on a fee or part-time basis
§ 58-2-16 Technical or professional personnel–Bond required, amount, approval and filing, payment of premium
§ 58-2-17 Compensation of personnel
§ 58-2-18 Additional compensation for services rendered by personnel prohibited–Misdemeanor
§ 58-2-19 Interests of personnel in insurance transactions prohibited–Misdemeanor
§ 58-2-20 Procurement of loan secured by mortgage on real estate permitted to division personnel
§ 58-2-21 Enforcement of provisions of this title
§ 58-2-22 Power and authority of director–Examinations and investigations
§ 58-2-23 Additional powers and duties of director provided by other laws
§ 58-2-24 Delegation of powers by director
§ 58-2-26 Records–Keeping by director–Public inspection
§ 58-2-27 Director’s certificate of authority–Evidence
§ 58-2-28 Certified copies of records in office of director as evidence
§ 58-2-29 Fees, licenses, and charges–Collection by director in advance
§ 58-2-30 Disposition of money received by director
§ 58-2-39 Promulgation of rules regarding definitions, enrollment, disclosure, notice, claims, and records
§ 58-2-40 Promulgation of rules to protect privacy of medical records
§ 58-2-41 Promulgation of rules to protect privacy of personal nonpublic financial information–Applicability–Construction
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Terms Used In South Dakota Codified Laws > Title 58 > Chapter 2 - Division of Insurance

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Insurance business: includes the transaction of all matters pertaining to a contract of insurance, both before and after the effectuation of that contract, and all matters arising out of that contract or any claim thereunder. See South Dakota Codified Laws 58-1-2
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2