S.D. Codified Laws § 58-30-132

Current through the 2024 Legislative Session
Section 58-30-132 - Acts of managing general agent-Examination by director-Costs

The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent is subject to examination by the director pursuant to chapter 58-3. Unless otherwise set forth in the contract between the insurer and the managing general agent, the insurer shall pay the costs and expenses of the examination pursuant to § 58-3-15.

SDCL 58-30-132

SL 1992, ch 353, § 9.