Chapter 06A - Risk Retention Groups - South Dakota Statutes

SOUTH DAKOTA STATUTES AND CODES

Chapter 06A - Risk Retention Groups

Section 58-6A-1 - Definition of terms.
Section 58-6A-2 - Charter and license of risk retention group--Approval of plan of operation--Notice toNational Association of Insurance Commissioners.
Section 58-6A-3 - Information submitted to director--Contents.
Section 58-6A-4 - Financial information submitted to director.
Section 58-6A-5 - Taxation of premiums--Payment by insurance producers or brokers--Payment by riskretention group--Report of premiums.
Section 58-6A-5.1 - Rate of taxation on premiums--Interest, fines and penalties--Payment.
Section 58-6A-6 - Compliance with Unfair Trade Practices Act.
Section 58-6A-7 - Compliance with laws regarding deceptive, false, or fraudulent acts or practices--Injunction.
Section 58-6A-8 - Examination by director.
Section 58-6A-9 - Notice contained on policy--Contents.
Section 58-6A-10 - Prohibited acts by risk retention group.
Section 58-6A-11 - Insurance company as member or owner.
Section 58-6A-12 - Compliance with voluntary dissolution or delinquency order by group not chartered iffinancially impaired.
Section 58-6A-13 - Financial contribution to or benefit from insurance insolvency guaranty fund prohibited.
Section 58-6A-14 - Countersignature on policy not required.
Section 58-6A-15 - Prohibited insurance coverage.
Section 58-6A-16 - Repealed.
Section 58-6A-16.1 - Exemptions for purchasing group and insurer in regard to liability insurance--Subject toother laws.
Section 58-6A-17 - Notice to director--Contents.
Section 58-6A-17.1 - Notice to director of changes.
Section 58-6A-17.2 - Information required by director--Time for giving notice and information.
Section 58-6A-18 - Designation of director as agent for purchasing group--Exceptions.
Section 58-6A-19 - Repealed.
Section 58-6A-19.1 - Purchase from risk retention group not chartered or insurer not admitted in stateprohibited--Exception.
Section 58-6A-19.2 - Notice of unprotected risk when liability insurance obtained from insurer not admitted inthis state or risk retention group.
Section 58-6A-19.3 - Purchase of insurance providing for deductible or self-induced retention applicable towhole group prohibited--Application to individuals allowed--Aggregate limits standards.
Section 58-6A-19.4 - Insurance producer or broker license required for purchasing liability insurance from riskretention group.
Section 58-6A-19.5 - Insurance producer or broker license required to solicit liability insurance for purchasinggroup from insurer or risk retention group.
Section 58-6A-19.6 - Insurance producer or broker license required to solicit liability insurance for member ofpurchasing group.
Section 58-6A-19.7 - Surplus lines producer or excess line producer license required to solicit liability insurancefrom unauthorized insurer for purchasing group.
Section 58-6A-20 - Director's use of enforcement powers--Injunctive authority.
Section 58-6A-21 - Penalty for violation.
Sections 58-6A-22, 58-6A-23 - Broker license--Waiver of residency requirements. Enforcement of injunction against risk retention group in hazardous financial condition

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Chapter 06A - Risk Retention Groups

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