58-32-38. Director appointed process agent--Policy provision--Mailing of process to defendant.
An unauthorized insurer issuing such policy shall be deemed thereby to have authorized service of process against it in the manner and to the effect as provided in §58-32-37. Any such policy shall contain a provision stating the substance of §§58-32-36 to 58-32-38, inclusive, and designating the person to whom the director shall mail process as provided in §58-32-37.
Source: SL 1966, ch 111, ch 11, §20 (3).
Structure South Dakota Codified Laws
Chapter 32 - Surplus Line Insurance
Section 58-32-1 - Purposes of chapter.
Section 58-32-2 - Broker defined.
Section 58-32-3 - Export defined.
Section 58-32-3.1 - Home state defined.
Section 58-32-5 - Exemption of interstate commerce.
Section 58-32-6 - Unauthorized acts constituting misdemeanors--Additional forfeiture.
Section 58-32-7 - Qualifications for surplus line broker's license--Out-of-state sales.
Section 58-32-8 - Application for surplus line license--Fee.
Section 58-32-9 - Licensing provisions applicable.
Section 58-32-10.1 - Bond of resident surplus line broker--Amount--Conditions--Termination.
Section 58-32-11 - Suspension or revocation of license of surplus line broker--Grounds.
Section 58-32-12 - Procedure for suspension or revocation of license.
Section 58-32-13 - Suspension or revocation of surplus line license affects all other licenses.
Section 58-32-15 - Acceptance of business from licensed insurance producer.
Section 58-32-16.1 - Certain unauthorized insurers to submit annual report.
Section 58-32-17 - Conditions for export--Amount not procurable from authorized insurers.
Section 58-32-19 - Procurement of exported insurance through licensed surplus line broker.
Section 58-32-20 - Affidavit of broker as to exported insurance.
Section 58-32-21 - Placement in authorized insurer--Violation as misdemeanor.
Section 58-32-22 - Requirements for placing surplus lines insurance.
Section 58-32-23 - Financial condition of surplus line insurer--Director not required to determine.
Section 58-32-27 - Evidence of insurance--Certificate, execution, content.
Section 58-32-29 - Change in evidence of insurance--Substitute certificate by broker.
Section 58-32-31 - Replacement of broker's certificate when policy issued.
Section 58-32-32 - Endorsement of contract--Violation as misdemeanor.
Section 58-32-33 - Surplus line insurance valid.
Section 58-32-34 - Liability of insurer as to losses and unearned premiums.
Section 58-32-35 - Assumption of surplus line direct risk--Extent of liability.
Section 58-32-36 - Venue of action against unauthorized insurer.
Section 58-32-39 - Record by broker of each surplus line coverage--Violation as misdemeanor.
Section 58-32-40 - Record open to examination by director--Violation as misdemeanor.
Section 58-32-41 - Annual statement of broker--Filing with director--Violation as misdemeanor.
Section 58-32-42 - Annual statement of broker--Form and contents.
Section 58-32-44 - Tax on premiums--Time for remittance--Credit to general fund.
Section 58-32-47 - Report of independently procured coverages--Violation as misdemeanor.
Section 58-32-50 - Tax on independently procured coverages--Payment to director, time.
Section 58-32-51 - Interest on delinquent tax on independently procured coverages.
Section 58-32-52 - Insured's liability for tax on independently procured coverages.
Section 58-32-53 - Deposits of taxes and interest collected on independently procured coverage.
Section 58-32-56 - Rules and regulations--Adoption by director.