SDCL § 58-5A-13: Statements and notices mailed to shareholders--Expenses of mailing--Security required.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-5A. INSURANCE HOLDING COMPANIES
All statements, amendments, or other material filed pursuant to §§ 58-5A-3 to 58-5A-7, inclusive, and all notices of public hearings held pursuant to §§ 58-5A-9 to 58-5A-12, inclusive, shall be mailed by the insurer to its shareholders within five business days after the insurer has received such statements, amendments, other material, or notices. The expenses of mailing shall be borne by the person making the filing. As security for the payment of such expenses, such person shall file with the director an acceptable bond or other deposit in an amount to be determined by the director.
Collected 2026-09-03T15:18:57Z. Source file · JSON