South Dakota Codified Laws 58-25-12. Issuance of contract, policy, or guarantee of insurance contrary to filings prohibited–Special risks excepted–Misdemeanor
Current as of: 2023 | Check for updates
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No insurer shall make or issue any contract, policy, or guarantee of insurance except in accordance with filings approved as provided in § 58-25-10, except as to special or unusual risks for which no filing has been provided in §§ 58-25-7 and 58-25-8. Violation of this section is a Class 2 misdemeanor.
Attorney's Note
Under the South Dakota Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 2 misdemeanor | up to 30 days | up to $500 |
Terms Used In South Dakota Codified Laws 58-25-12
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 1966, ch 111, ch 14, § 3 (6); SL 1978, ch 359, § 2.