South Dakota § 58-5-155 - Qualified education loan insurer subject to Title 58--Exceptions.

Full text of South Dakota South Dakota Codified Laws § 58-5-155 — Qualified education loan insurer subject to Title 58--Exceptions., with citation guidance and answers to common questions.

§ 58-5-155. Qualified education loan insurer subject to Title 58--Exceptions.

Any qualified education loan insurer is subject to the provisions of Title 58 except as otherwise specifically provided in §§ 58-5-154 to 58-5-160, inclusive. Notwithstanding any other provision of Title 58, a qualified education loan insurer is not subject to the following provisions of Title 58 and any rules promulgated to implement any such provisions:

(1)    Sections 58-4-48 and 58-5-85;

(2)    Subdivision 58-5-7(5) to the extent that this subdivision permits only one class of authorized voting common stock or otherwise restricts the authorization of preferred stock, with or without voting rights; and

(3)    Chapter 58-5A.

Source: SL 1998, ch 287, § 2; SL 2021, ch 210, § 2.

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

Frequently Asked Questions About South Dakota § 58-5-155

What does South Dakota Codified Laws § 58-5-155 cover?

Section 58-5-155 ("Qualified education loan insurer subject to Title 58--Exceptions.") 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 § 58-5-155?

A common citation format is "South Dakota Codified Laws § 58-5-155" (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 § 58-5-155 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.