South Dakota § 58-32-39 - Record by broker of each surplus line coverage--Violation as misdemeanor.
Full text of South Dakota South Dakota Codified Laws § 58-32-39 — Record by broker of each surplus line coverage--Violation as misdemeanor., with citation guidance and answers to common questions.
§ 58-32-39. Record by broker of each surplus line coverage--Violation as misdemeanor.
Each broker shall keep in the broker's office a record of each surplus line coverage procured by the broker, including a copy of each daily report, if any; a copy of each certificate issued by the broker; and the following items as may be applicable:
(1) Amount of the insurance;
(2) Gross premium charged;
(3) Return premium paid, if any;
(4) Rate of premium charged upon the several items of property;
(5) Effective date of the contract, and the terms thereof;
(6) Name and address of each insurer on the direct risk and the proportion of the entire risk assumed by such insurer if less than the entire risk;
(7) Name and address of the insured;
(8) Brief general description of the property or risk insured and where located or to be performed; and
(9) Other information as may be required by the director.
A violation of this section is a Class 2 misdemeanor.
Source: SL 1966, ch 111, ch 11, § 16 (1); SL 1978, ch 359, § 2; SL 2015, ch 260, § 10.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-32-39
What does South Dakota Codified Laws § 58-32-39 cover?
Section 58-32-39 ("Record by broker of each surplus line coverage--Violation as misdemeanor.") 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 § 58-32-39?
A common citation format is "South Dakota Codified Laws § 58-32-39" (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 § 58-32-39 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.