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79 chapters · 3,425 sections in this title.
SDCL § 58-34-41 Offset of claim for unearned premium against assessment prohibited
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No subscriber shall have an offset against any assessment for which he is liable, on account of any claim for unearned premium or losses payable. Source: SL 1966, ch 111 , ch 19, § 23 (4).
SDCL § 58-34-42 Time limit for levy of assessment
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Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited in accordance with this chapter, if: (1) While his policy is in force or within one year after its termination, he…
SDCL § 58-34-43 Aggregate liability of subscriber--Maximum in one year
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No one policy, or subscriber of such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year, in excess of the amount provided for in the power of attorney or in the subscr…
SDCL § 58-34-44 Subscriber not liable until final judgment against insurer
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No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty days. Source: SL 1966, ch 111 , ch 19, § 22 (1).
