Section 34A-13-10 - Avoidance of liability by conveyance or agreement prohibited--Exceptions. - South-dakota Statutes

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34A-13-10. Avoidance of liability by conveyance or agreement prohibited--Exceptions. No covered party may avoid liability by means of a conveyance of any right, title, or interest in real property; or by any indemnification, hold harmless agreement, or similar agreement.
However, the provisions of this chapter do not:
(1) Prohibit a person who may be liable from entering into an agreement by which the person is insured or is a member of a risk retention group, and is thereby indemnified for part or all of the liability;
(2) Prohibit the enforcement of an insurance, hold harmless, or indemnification agreement; or
(3) Bar a cause of action brought by a person who may be liable or by an insurer or guarantor, whether by right of subrogation or otherwise.

Source: SL 1988, ch 290, § 10; SL 1992, ch 260, § 13.

State Codes and Statutes

Statutes > South-dakota > Title-34a > Chapter-13 > Statute-34a-13-10

34A-13-10. Avoidance of liability by conveyance or agreement prohibited--Exceptions. No covered party may avoid liability by means of a conveyance of any right, title, or interest in real property; or by any indemnification, hold harmless agreement, or similar agreement.
However, the provisions of this chapter do not:
(1) Prohibit a person who may be liable from entering into an agreement by which the person is insured or is a member of a risk retention group, and is thereby indemnified for part or all of the liability;
(2) Prohibit the enforcement of an insurance, hold harmless, or indemnification agreement; or
(3) Bar a cause of action brought by a person who may be liable or by an insurer or guarantor, whether by right of subrogation or otherwise.

Source: SL 1988, ch 290, § 10; SL 1992, ch 260, § 13.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-34a > Chapter-13 > Statute-34a-13-10

34A-13-10. Avoidance of liability by conveyance or agreement prohibited--Exceptions. No covered party may avoid liability by means of a conveyance of any right, title, or interest in real property; or by any indemnification, hold harmless agreement, or similar agreement.
However, the provisions of this chapter do not:
(1) Prohibit a person who may be liable from entering into an agreement by which the person is insured or is a member of a risk retention group, and is thereby indemnified for part or all of the liability;
(2) Prohibit the enforcement of an insurance, hold harmless, or indemnification agreement; or
(3) Bar a cause of action brought by a person who may be liable or by an insurer or guarantor, whether by right of subrogation or otherwise.

Source: SL 1988, ch 290, § 10; SL 1992, ch 260, § 13.