S.D. Codified Laws § 58-1-45

Current through the 2024 Legislative Session

Section 58-1-45 - Alternative delivery method for policies-Record

An insurer may comply with the policy delivery requirements of §§ 58-15-8.2, 58-15-59.2, 58-17-11.1, 58-17A-8.1, and 58-28-24.2 by one of the following alternative delivery methods:

(1) Via first-class mail using an intelligent mail barcode or another similar tracking method used or approved by the United States Postal Service; or

(2) Via commercial delivery service using a tracking method approved by the division.

An insurer utilizing an alternative delivery method must retain a record evidencing delivery of the policy for five years.

SDCL 58-1-45

SL 2024, ch 200, §1.

Added by S.L. 2024, ch. 200,s. 1, eff. 7/1/2024.