Title 58 — INSURANCE
79 chapters · 3,532 sections in this title.
SDCL § 58-5B-1 Definition of terms
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Terms as used in this chapter, unless the context otherwise requires, mean: (1) "Director," the director of insurance or a designee; (2) "Licensed health care provider," includes a physician and surgeon, osteopath, osteopathic physician and surgeon, or nurse licensed pursuant to …
SDCL § 58-5B-2 Malpractice insurance contracts among health care providers
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Any number of physicians and surgeons, osteopaths, osteopathic physicians and surgeons, and graduate nurses, licensed to practice their profession in any of the states, and hospitals licensed under the laws of any of the states, may enter into contracts with each other for the pu…
SDCL § 58-5B-3 Incorporation of mutual malpractice insurers--Conflict of laws
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All domestic corporations, organized for the purpose of transacting such insurance business under the provisions of this chapter, shall incorporate under the provisions of chapter 58-5 , and be regulated as mutual insurers; provided, the provisions of this chapter shall govern wh…
SDCL § 58-5B-4 Number of insurance applications required before certificate issued to mutual insurer
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No original certificate of authority shall be issued by the director of insurance until two hundred fifty applications have been received from health care providers other than hospitals, or in the case of hospitals, applications from hospitals representing fifty percent of the be…
SDCL § 58-5B-5 Admission of foreign insurer to solicit applications and do business in state--Reports--Taxation--Supervision
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Any mutual insurer organized under laws substantially similar to this chapter of another state, for the purpose of transacting the kind of business described in this chapter may upon application and without prior operating experience or examination, be admitted to solicit applica…