State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06a > Statute-58-6a-10

58-6A-10. Prohibited acts by risk retention group. The following acts by a risk retention group are hereby prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

Source: SL 1987, ch 372, § 10.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06a > Statute-58-6a-10

58-6A-10. Prohibited acts by risk retention group. The following acts by a risk retention group are hereby prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

Source: SL 1987, ch 372, § 10.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06a > Statute-58-6a-10

58-6A-10. Prohibited acts by risk retention group. The following acts by a risk retention group are hereby prohibited:
(1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
(2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

Source: SL 1987, ch 372, § 10.