S.D. Codified Laws § 58-33-1

Current through the 2024 Legislative Session

Section 58-33-1 - Purposes of chapter

The purpose of this chapter is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the act of Congress of March 9, 1945, (Public Law 15, 79th Congress, ch. 20, 50 U.S. Stat. at Large 33), by defining, or providing for determination of, all such practices in this state which constitute unfair methods of competition or unfair or deceptive acts or practices and by prohibiting the trade practices so defined or determined.

SDCL 58-33-1

SL 1966, ch 111, ch 13, § 1.