South Dakota § 58-44-4 - Chapter not applicable under certain circumstances.
Full text of South Dakota South Dakota Codified Laws § 58-44-4 — Chapter not applicable under certain circumstances., with citation guidance and answers to common questions.
§ 58-44-4. Chapter not applicable under certain circumstances.
The provisions of this chapter do not apply if:
(1) The controlling broker:
(a) Places insurance only with the controlled insurer, or only with the controlled insurer and a member or members of the controlled insurer's holding company system, or the controlled insurer's parent, affiliate or subsidiary and receives no compensation based upon the amount of premiums written in connection with the insurance; and
(b) Accepts insurance placements only from nonaffiliated brokers, and not directly from insureds; and
(2) The controlled insurer, except for insurance business written through a residual market facility, accepts insurance business only from a controlling broker, a broker controlled by the controlled insurer, a broker that is a subsidiary of the controlled insurer. Residual market facility includes government insurance programs, risk pools, and assigned risk plans.
Source: SL 1992, ch 358, § 4.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-44-4
What does South Dakota Codified Laws § 58-44-4 cover?
Section 58-44-4 ("Chapter not applicable under certain circumstances.") 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 § 58-44-4?
A common citation format is "South Dakota Codified Laws § 58-44-4" (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 § 58-44-4 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.