South Dakota § 58-24-10 - Filing of rates with director--Effective date--Character and extent of coverage--Exceptions.
Full text of South Dakota South Dakota Codified Laws § 58-24-10 — Filing of rates with director--Effective date--Character and extent of coverage--Exceptions., with citation guidance and answers to common questions.
§ 58-24-10. Filing of rates with director--Effective date--Character and extent of coverage--Exceptions.
Every insurer shall file with the director of the Division of Insurance every manual, minimum, class rate, rating schedule, or rating plan and every other rating rule, and every modification of any of the foregoing which it proposes to use. Every such filing shall state the proposed effective date thereof, and shall indicate the character and extent of the coverage contemplated. The filing date is the effective date thereof unless the insurer proposes an effective date subsequent to the filing date.
This section does not apply to:
(1) Inland marine risks which by general custom of the business are not written according to manual rates or rating plans; or
(2) Automobile and other motor vehicle insurance subject to § 58-24-10.1.
Source: SL 1966, ch 111, ch 15, § 4 (1); SL 1979, ch 341, § 3; SL 2004, ch 307, § 8.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-24-10
What does South Dakota Codified Laws § 58-24-10 cover?
Section 58-24-10 ("Filing of rates with director--Effective date--Character and extent of coverage--Exceptions.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-24-10?
A common citation format is "South Dakota Codified Laws § 58-24-10" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-24-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.