Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 5 - ORGANIZATION AND GENERAL POWERS OF INSURERS
Section 58-5-62 - Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited

S.D. Codified Laws § 58-5-62

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Current through the 2024 Legislative Session
Section 58-5-62 - Guarantee by insurer of any financial obligation of its officers, directors, stockholders, or members prohibited

No insurer shall guarantee any financial obligation of any of its officers, directors, stockholders, or members.

SDCL 58-5-62

SL 1966, ch 111, ch 16, § 22 (2).