South Dakota § 58-24-27 - Assigned risks--Reasonable rate modifications.

Full text of South Dakota South Dakota Codified Laws § 58-24-27 — Assigned risks--Reasonable rate modifications., with citation guidance and answers to common questions.

§ 58-24-27. Assigned risks--Reasonable rate modifications.

Agreements may be made among insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods, and such insurers may agree among themselves on the use of reasonable rate modifications for such insurance, such agreements and rate modifications to be subject to the approval of the director.

Source: SL 1966, ch 111, ch 15, § 15.

Frequently Asked Questions About South Dakota § 58-24-27

What does South Dakota Codified Laws § 58-24-27 cover?

Section 58-24-27 ("Assigned risks--Reasonable rate modifications.") 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 § 58-24-27?

A common citation format is "South Dakota Codified Laws § 58-24-27" (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 § 58-24-27 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.