South Dakota Codified Laws
Chapter 19 - Credit Life, Health, Unemployment And Group Property Insurance
Section 58-19-38 - Citation of chapter.

South Dakota Codified Laws

Title 58 - Insurance

Chapter 19 - Credit Life, Health, Unemployment And Group Property Insurance

Section 58-19-1 - Purpose of chapter.

Section 58-19-2 - Definition of terms.

Section 58-19-3 - Life and health insurance connected with credit transactions subject to chapter--Exceptions.

Section 58-19-4 - Forms of credit life insurance and credit health insurance.

Section 58-19-5 - Existing insurance--Choice of insurer.

Section 58-19-5.1 - Credit insurance not to be required for lease.

Section 58-19-6 - Maximum amount of credit life insurance.

Section 58-19-7 - Agricultural credit transaction commitments--Amount of insurance.

Section 58-19-8 - Indemnity payable by credit health insurance--Maximum amount.

Section 58-19-9 - Term of insurance--Commencement.

Section 58-19-10 - Commencement of insurance when evidence of insurability required.

Section 58-19-11 - Duration of term of insurance--Extension--Renewal or refinancing.

Section 58-19-12 - Revision of premium schedule--Filing.

Section 58-19-13 - Premium rate not to exceed scheduled rate--Misdemeanor.

Section 58-19-14 - Amount charged debtor not to exceed premium charged by insurer--Misdemeanor.

Section 58-19-15 - Termination of insurance prior to maturity date--Refund of amount paid by debtor.

Section 58-19-16 - Creditor requiring debtor to pay for insurance--Notice to debtor--Credit to account.

Section 58-19-17 - Issuance of policies.

Section 58-19-18 - Individual policy or group certificate delivered to debtor.

Section 58-19-19 - Contents of individual policy or group certificate.

Section 58-19-20 - Time of delivery of individual policy or group certificate.

Section 58-19-21 - Application or notice delivered to debtor in lieu of policy or certificate.

Section 58-19-22 - Delivery to debtor of policy or certificate after acceptance of insurance.

Section 58-19-23 - Policy received by debtor on nonacceptance of risk by named insurer--Description of substitute insurance.

Section 58-19-24 - Forms--Filing with director.

Section 58-19-25 - Prior policies--Group certificate and notice of proposed insurance, filing and approval by director--Schedules of premium rates.

Section 58-19-26 - Disapproval of filed forms by director.

Section 58-19-27 - Use of disapproved forms unlawful--Reason stated in notice--Hearing on request--Use of forms pending approval.

Section 58-19-28 - Withdrawal of approval of form--Notice and hearing.

Section 58-19-29 - Use of forms unlawful after withdrawal.

Section 58-19-30 - Judicial review of order or final determination of director as to forms.

Section 58-19-31 - Claims--Reporting to insurer--Settlement.

Section 58-19-32 - Settlement or adjustment of claims by person other than insurer prohibited--Creditor not claim representative--Payment by group policyholder.

Section 58-19-33 - Manner of payment of claims.

Section 58-19-34 - Promulgation of rules by director--Purpose and scope.

Section 58-19-35 - Order for compliance issued by director--Notice and hearing.

Section 58-19-36 - Revocation or suspension of license or certificate for violation--Notice and hearing--Judicial review.

Section 58-19-37 - Civil forfeiture for violations of orders of director.

Section 58-19-38 - Citation of chapter.

Section 58-19-39 - Credit unemployment insurance sold in connection with loans subject to chapter.

Section 58-19-40 - Credit unemployment insurance not required by lender in consumer transactions.

Section 58-19-41 - Coverage of credit unemployment insurance to begin first day of unemployment.

Section 58-19-42 - Credit unemployment insurance separately sold and priced--Exception--Not to be required for credit card issuance or renewal.

Section 58-19-43 - Filing of credit unemployment insurance policies, certificates, notices, applications, endorsements, and riders, and premium rate schedules.

Section 58-19-44 - Disapproval by director if premium rates excessive or provisions unjust.

Section 58-19-45 - Test of reasonableness of benefits to premium charged--Prima facie evidence--Restriction on commissions.

Section 58-19-46 - Review of insurance company's actuarial data--Reimbursement of cost.

Section 58-19-47 - Group property insurance authorized by credit card subject to chapter.

Section 58-19-48 - Group property insurance to be sold and priced separately--Exceptions--Insurance not to be condition for issuance or renewal of credit card.

Section 58-19-49 - All group property insurance policies, certificates, and documentation to be filed with the director.

Section 58-19-50 - Disapproval of group property insurance by director--Grounds--Time limit.