South Dakota § 58-46-5 - Additional filing requirements.
Full text of South Dakota South Dakota Codified Laws § 58-46-5 — Additional filing requirements., with citation guidance and answers to common questions.
§ 58-46-5. Additional filing requirements.
In addition to the information required by § 58-46-4, each applicant captive insurance company shall file with the director evidence of the following:
(1) The amount and liquidity of its assets relative to the risks to be assumed;
(2) The adequacy of the expertise, experience, and character of the management;
(3) The overall soundness of its plan of operation;
(4) The adequacy of the loss prevention programs of its parent and affiliated entities; and
(5) Such other factors deemed relevant by the director in ascertaining whether the proposed captive insurance company will be able to meet its policy obligations.
Source: SL 1996, ch 287, § 5; SL 2013, ch 257, § 4.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-46-5
What does South Dakota Codified Laws § 58-46-5 cover?
Section 58-46-5 ("Additional filing requirements.") 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 § 58-46-5?
A common citation format is "South Dakota Codified Laws § 58-46-5" (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 § 58-46-5 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.