State statute · South Dakota

Examination of Insurers and Insurance Producers

South Dakota Codified Laws Title 58, Chapter 58-3

Publisher: sdlegislature.gov
Edition: South Dakota Codified Laws
Last checked: 2026-09-25
Status: SD statutes, public domain

Edition and licensing notes

Edition. South Dakota Codified Laws (SDLRC official posting), retrieved 2026-09-25

Status. SD statutes, public domain (state government edict).

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What this document is

South Dakota Codified Laws Title 58, Chapter 58-3 - Examination of Insurers and Insurance Producers is a state statute published by sdlegislature.gov. It is one of the South Dakota documents that insurance license exam questions are written from, including south dakota property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

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S.D. Codified Laws § 58-3-4 (Examination of foreign or alien insurer or rating organization by insurance supervisory official of another state--Examination by director unnecessary--Accreditation of examiner)
“In lieu of making his own examination, the director may, in his discretion, accept a full report of the last recent examination of a foreign or alien insurer, or rating organization, certified to by the insurance supervisory official of another state, territory, commonwealth, or district of the...”
SDCL 58-3-12 (Examination reports--Copy to company examined--Review by director--Order)
“No later than sixty days following completion of the examination, the examiner in charge shall file with the division a written report of examination under oath. Upon receipt of the report, the division shall transmit the report to the company examined. The company may make a written submission or...”
SDCL 58-3-7.2 (Penalty upon refusal to submit to examination--Suspension, refusal of, or nonrenewal of, license)
“The refusal of any company, by its officers, directors, employees, or insurance producers, to submit to examination or to comply with any reasonable written request of the examiners constitutes grounds for suspension or refusal of, or nonrenewal of any license or authority held by the insurer or...”

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South Dakota Codified Laws Title 58, Chapter 58-3 - Examination of Insurers and Insurance Producers is a state statute published by sdlegislature.gov. Edition: South Dakota Codified Laws (SDLRC official posting), retrieved 2026-09-25.

No. This page summarizes the document and links to the official version. Always rely on the text published by sdlegislature.gov for the current law.

Practice questions for South Dakota Property & Casualty cite this document.

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