State statute · South Dakota

South Dakota Codified Laws Title 58, Chapter 58-29C - Life and Health Insurance Guaranty Association (SDCL 58-29C-44 to 58-29C-62)

Publisher: sdlegislature.gov
Edition: South Dakota Codified Laws
Last checked: 2026-09-02
Status: SD statutes, public domain

Edition and licensing notes

Edition. South Dakota Codified Laws (SDLRC official posting), statutes effective August 31, 2026

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

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What this document is

South Dakota Codified Laws Title 58, Chapter 58-29C - Life and Health Insurance Guaranty Association (SDCL 58-29C-44 to 58-29C-62) 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 life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

S.D. Codified Laws tit. 58 § 58-29C-62(A) (Use of association's existence in sales or solicitation prohibited)
“No person, including a member insurer, agent, or affiliate of a member insurer may make, publish, disseminate, circulate, or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in any newspaper, magazine, or other...”
S.D. Codified Laws tit. 58 § 58-29C-46(A)(5) (Persons provided with coverage; avoidance of duplicate coverage)
“This chapter is intended to provide coverage to a person who is a resident of this state and, in special circumstances, to a nonresident. In order to avoid duplicate coverage, if a person who would otherwise receive coverage under this chapter is provided coverage under the laws of any other state,...”
S.D. Codified Laws tit. 58 § 58-29C-48(12) (Definitions; member insurer)
“"Member insurer," an insurer licensed or that holds a certificate of authority to transact in this state any kind of insurance for which coverage is provided under § 58-29C-46, and includes an insurer whose license or certificate of authority in this state may have been suspended, revoked, not...”
S.D. Codified Laws tit. 58 § 58-29C-51(B)(2)(d)(ii) (Substitute coverage; alternative or reissued policies)
“Alternative or reissued policies or contracts shall be offered without requiring evidence of insurability, and may not provide for any waiting period or exclusion that would not have applied under the terminated policy or contract;”
S.D. Codified Laws § 58-29C-61 (Stay of proceedings against insolvent insurer--Default judgment set aside), in South Dakota Codified Laws Title 58, Chapter 58-29C - Life and Health Insurance Guaranty Association
“All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed one hundred eighty days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on any matters germane to its powers or...”
S.D. Codified Laws § 58-29C-62(B) (Summary document of purposes and limitations of chapter), in South Dakota Codified Laws Title 58, Chapter 58-29C - Life and Health Insurance Guaranty Association
“At the expiration of the sixtieth day after the date on which the director approves the document, a member insurer may not deliver a policy or contract to a policy owner, contract owner, or certificate owner unless the summary document is delivered to the policy owner, contract owner, or...”
S.D. Codified Laws § 58-29C-46(C)(2)(a)(i) (Persons provided with coverage; limit on benefits with respect to one life), in South Dakota Codified Laws Title 58, Chapter 58-29C - Life and Health Insurance Guaranty Association
“With respect to one life, regardless of the number of policies or contracts: (i) Three hundred thousand dollars in life insurance death benefits, but not more than one hundred thousand dollars in net cash surrender and net cash withdrawal values for life insurance;”

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