§ 58-19-1 Purpose of chapter
§ 58-19-2 Definition of terms
§ 58-19-3 Life and health insurance connected with credit transactions subject to chapter–Exceptions
§ 58-19-4 Forms of credit life insurance and credit health insurance
§ 58-19-5 Existing insurance–Choice of insurer
§ 58-19-5.1 Credit insurance not to be required for lease
§ 58-19-6 Maximum amount of credit life insurance
§ 58-19-7 Agricultural credit transaction commitments–Amount of insurance
§ 58-19-8 Indemnity payable by credit health insurance–Maximum amount
§ 58-19-9 Term of insurance–Commencement
§ 58-19-10 Commencement of insurance when evidence of insurability required
§ 58-19-11 Duration of term of insurance–Extension–Renewal or refinancing
§ 58-19-12 Revision of premium schedule–Filing
§ 58-19-13 Premium rate not to exceed scheduled rate–Misdemeanor
§ 58-19-14 Amount charged debtor not to exceed premium charged by insurer–Misdemeanor
§ 58-19-15 Termination of insurance prior to maturity date–Refund of amount paid by debtor
§ 58-19-16 Creditor requiring debtor to pay for insurance–Notice to debtor–Credit to account
§ 58-19-17 Issuance of policies
§ 58-19-18 Individual policy or group certificate delivered to debtor
§ 58-19-19 Contents of individual policy or group certificate
§ 58-19-20 Time of delivery of individual policy or group certificate
§ 58-19-21 Application or notice delivered to debtor in lieu of policy or certificate
§ 58-19-22 Delivery to debtor of policy or certificate after acceptance of insurance
§ 58-19-23 Policy received by debtor on nonacceptance of risk by named insurer–Description ofsubstitute insurance
§ 58-19-24 Forms–Filing with director
§ 58-19-25 Prior policies–Group certificate and notice of proposed insurance, filing and approval bydirector–Schedules of premium rates
§ 58-19-26 Disapproval of filed forms by director
§ 58-19-27 Use of disapproved forms unlawful–Reason stated in notice–Hearing on request–Useof forms pending approval
§ 58-19-28 Withdrawal of approval of form–Notice and hearing
§ 58-19-29 Use of forms unlawful after withdrawal
§ 58-19-30 Judicial review of order or final determination of director as to forms
§ 58-19-31 Claims–Reporting to insurer–Settlement
§ 58-19-32 Settlement or adjustment of claims by person other than insurer prohibited–Creditor notclaim representative–Payment by group policyholder
§ 58-19-33 Manner of payment of claims
§ 58-19-34 Promulgation of rules by director–Purpose and scope
§ 58-19-35 Order for compliance issued by director–Notice and hearing
§ 58-19-36 Revocation or suspension of license or certificate for violation–Notice and hearing–Judicial review
§ 58-19-37 Civil forfeiture for violations of orders of director
§ 58-19-38 Citation of chapter
§ 58-19-39 Credit unemployment insurance sold in connection with loans subject to chapter
§ 58-19-40 Credit unemployment insurance not required by lender in consumer transactions
§ 58-19-41 Coverage of credit unemployment insurance to begin first day of unemployment
§ 58-19-42 Credit unemployment insurance separately sold and priced–Exception–Not to berequired for credit card issuance or renewal
§ 58-19-43 Filing of credit unemployment insurance policies, certificates, notices, applications,endorsements, and riders, and premium rate schedules
§ 58-19-44 Disapproval by director if premium rates excessive or provisions unjust
§ 58-19-45 Test of reasonableness of benefits to premium charged–Prima facie evidence–Restrictionon commissions
§ 58-19-46 Review of insurance company’s actuarial data–Reimbursement of cost
§ 58-19-47 Group property insurance authorized by credit card subject to chapter
§ 58-19-48 Group property insurance to be sold and priced separately–Exceptions–Insurance notto be condition for issuance or renewal of credit card
§ 58-19-49 All group property insurance policies, certificates, and documentation to be filed with thedirector

Terms Used In South Dakota Codified Laws > Title 58 > Chapter 19 - Credit Life, Health, Unemployment and Group Property Insurance

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Insurance business: includes the transaction of all matters pertaining to a contract of insurance, both before and after the effectuation of that contract, and all matters arising out of that contract or any claim thereunder. See South Dakota Codified Laws 58-1-2
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
  • Personal property: All property that is not real property.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2