South Dakota Codified Laws
Chapter 25 - Title Insurance Rates And Policies
Section 58-25-4 - Unfair discrimination in rates prohibited.

58-25-4. Unfair discrimination in rates prohibited.
Rates shall not discriminate unfairly between risks involving essentially the same hazards and expense elements.

Source: SL 1966, ch 111, ch 14, ยง2 (2).

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 58 - Insurance

Chapter 25 - Title Insurance Rates And Policies

Section 58-25-1 - Application of chapter.

Section 58-25-2 - Making of rates--Provisions governing.

Section 58-25-3 - Reasonableness and adequacy of rates.

Section 58-25-4 - Unfair discrimination in rates prohibited.

Section 58-25-5 - Grouping of guarantees by classification for rate-making.

Section 58-25-6 - Matters considered in making rates.

Section 58-25-7 - Schedule of rates or premiums--Filing with director--Contents.

Section 58-25-8 - Contracts, policies, or guarantees required to be filed with director, exceptions.

Section 58-25-9 - Change in rates or premiums or in contract forms--Filing with and approval by director required.

Section 58-25-10 - Filing of rates and policies--Approval or disapproval by director.

Section 58-25-11 - Finding of director that prior approved filing does not comply with law--Hearing on request--Affirmance or modification of prior action.

Section 58-25-12 - Issuance of contract, policy, or guarantee of insurance contrary to filings prohibited--Special risks excepted--Misdemeanor.

Section 58-25-13 - Deviations, rebates, and discounts prohibited.

Section 58-25-14 - Exchange of information and experience data--Consultation as to rate-making.

Section 58-25-15 - False or misleading information as misdemeanor.

Section 58-25-16 - Countersignature by agent or abstracter of county required--Violation as misdemeanor.

Section 58-25-17 - Violation of chapter--Imposition of penalties by director.

Section 58-25-18 - Suspension of license of insurer--Failure to comply with order of director--Time of taking effect--Duration.

Section 58-25-19 - Written order of director for imposition of penalty and suspension of license--Hearing, notice, findings.

Section 58-25-20 - Conduct of hearings before director.

Section 58-25-22 - Title insurance company to maintain reserve--Amount.

Section 58-25-23 - Reserves restored to net profits over twenty-year period--Amortization rate.

Section 58-25-24 - Calculation of adjusted statutory or unearned premium reserve.

Section 58-25-25 - Adjusted reserves restored to net profits or equity.

Section 58-25-26 - Title insurer to maintain known claim reserve--Amount.

Section 58-25-27 - Supplemental reserve to cover liabilities.