South Dakota § 58-5-143 - Disclosure of certain material transactions required--Filing a report.

Full text of South Dakota South Dakota Codified Laws § 58-5-143 — Disclosure of certain material transactions required--Filing a report., with citation guidance and answers to common questions.

§ 58-5-143. Disclosure of certain material transactions required--Filing a report.

Every insurer domiciled in this state shall file a report with the director disclosing material acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance programs unless the acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance programs have been submitted to the director for review, approval, or information purposes pursuant to other provisions of the insurance code, laws, regulations, or other requirements. The report is due within fifteen days after the end of the calendar month in which any of the foregoing transactions occur. One complete copy of the report, including any exhibits or other attachments filed as part thereof, shall be filed with:

(1)    The insurance regulatory agency of the insurer's state of domicile; and

(2)    The National Association of Insurance Commissioners.

Source: SL 1995, ch 275, § 1.

Source: official South Dakota text · Last verified 2026-08-27

Frequently Asked Questions About South Dakota § 58-5-143

What does South Dakota Codified Laws § 58-5-143 cover?

Section 58-5-143 ("Disclosure of certain material transactions required--Filing a report.") 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 § 58-5-143?

A common citation format is "South Dakota Codified Laws § 58-5-143" (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 § 58-5-143 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.