§ 58-32-1 Purposes of chapter
§ 58-32-2 Broker defined
§ 58-32-3 Export defined
§ 58-32-3.1 Home state defined
§ 58-32-4 Chapter not applicable to life and health insurance, annuities, andreinsurance–Exceptions
§ 58-32-5 Exemption of interstate commerce
§ 58-32-6 Unauthorized acts constituting misdemeanors–Additional forfeiture
§ 58-32-7 Qualifications for surplus line broker’s license–Out-of-state sales
§ 58-32-8 Application for surplus line license–Fee
§ 58-32-9 Licensing provisions applicable
§ 58-32-10.1 Bond of resident surplus line broker–Amount–Conditions–Termination
§ 58-32-11 Suspension or revocation of license of surplus line broker–Grounds
§ 58-32-12 Procedure for suspension or revocation of license
§ 58-32-13 Suspension or revocation of surplus line license affects all other licenses
§ 58-32-14 Revival of suspended or revoked broker’s surplus line license–Payment of fine anddelinquent taxes–Waiting period
§ 58-32-15 Acceptance of business from licensed insurance producer
§ 58-32-16 Impossibility of procuring coverage from authorized insurers–Procurement fromunauthorized insurers
§ 58-32-16.1 Certain unauthorized insurers to submit annual report
§ 58-32-17 Conditions for export–Amount not procurable from authorized insurers
§ 58-32-18 Export of insurance where coverage available from authorized insurer prohibited–Exception
§ 58-32-19 Procurement of exported insurance through licensed surplus line broker
§ 58-32-20 Affidavit of broker as to exported insurance
§ 58-32-21 Placement in authorized insurer–Violation as misdemeanor
§ 58-32-22 Requirements for placing surplus lines insurance
§ 58-32-23 Financial condition of surplus line insurer–Director not required to determine
§ 58-32-24 Ineligibility of surplus line insurer because of financial condition–Order of director–Grounds
§ 58-32-25 Financial condition of surplus line insurer–Ascertainment by broker–Violation asmisdemeanor
§ 58-32-26 Violation as misdemeanor–Revocation of licenses after hearing–Waiting period fornew license
§ 58-32-27 Evidence of insurance–Certificate, execution, content
§ 58-32-28 Authority of broker to make certificate as to insurance granted by unauthorizedinsurer
§ 58-32-29 Change in evidence of insurance–Substitute certificate by broker
§ 58-32-30 False certificate by broker–Failure to notify insured as to material change–Misdemeanor
§ 58-32-31 Replacement of broker’s certificate when policy issued
§ 58-32-32 Endorsement of contract–Violation as misdemeanor
§ 58-32-33 Surplus line insurance valid
§ 58-32-34 Liability of insurer as to losses and unearned premiums
§ 58-32-35 Assumption of surplus line direct risk–Extent of liability
§ 58-32-36 Venue of action against unauthorized insurer
§ 58-32-37 Action against unauthorized insurer–Service of process on director–Jurisdiction ofcourt
§ 58-32-38 Director appointed process agent–Policy provision–Mailing of process to defendant
§ 58-32-39 Record by broker of each surplus line coverage–Violation as misdemeanor
§ 58-32-40 Record open to examination by director–Violation as misdemeanor
§ 58-32-41 Annual statement of broker–Filing with director–Violation as misdemeanor
§ 58-32-42 Annual statement of broker–Form and contents
§ 58-32-42.1 Uniform report may be prescribed in lieu of annual statement or affidavit as toexported insurance
§ 58-32-43 Records of interstate commerce coverage–Report to director–Violation asmisdemeanor
§ 58-32-44 Tax on premiums–Time for remittance–Credit to general fund
§ 58-32-45 Premium tax when only part of risk in state–Multi-state agreement–Apportionment
§ 58-32-46 Fine for failure to remit tax or to file annual statement or uniform report–Collection
§ 58-32-47 Report of independently procured coverages–Violation as misdemeanor
§ 58-32-48 Negotiations, application, or premium payment bringing independently procuredcoverages within jurisdiction
§ 58-32-49 Production of records of insured for examination–Refusal to obey order of directoras misdemeanor
§ 58-32-50 Tax on independently procured coverages–Payment to director, time
§ 58-32-51 Interest on delinquent tax on independently procured coverages
§ 58-32-52 Insured’s liability for tax on independently procured coverages
§ 58-32-53 Deposits of taxes and interest collected on independently procured coverage
§ 58-32-54 Provisions on independently procured coverages do not affect unauthorized insurers
§ 58-32-55 Provisions on independently procured coverages inapplicable to life or healthinsurance, or annuities
§ 58-32-56 Rules and regulations–Adoption by director
§ 58-32-58 Citation of chapter
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Terms Used In South Dakota Codified Laws > Title 58 > Chapter 32 - Surplus Line Insurance

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Broker: as used in this chapter means a surplus line broker duly licensed as such under this chapter. See South Dakota Codified Laws 58-32-2
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • 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.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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