{"data":{"id":"us-sd/sdcl-58-5-86","jurisdiction":"us-sd","citation":"SDCL § 58-5-86","heading":"Domestic insurer--Management and exclusive agency contracts, disapproval by director, grounds.","body":"The director shall disapprove any such contract if he finds that it:\n(1) Subjects the insurer to excessive charges; or\n(2) Is to extend for an unreasonable length of time; or\n(3) Does not contain fair and adequate standards of performance; or\n(4) Contains any provision which the director deems detrimental to the best interests of stockholders or members of the insurer.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-86","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6eeb98bf3b65aa9d9df4cab631067e4d106ba8fc62936fa35f902d9e1e5d3a6e","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-85","next":"us-sd/sdcl-58-5-87"},"notice":"GroundRules: Original legal text. Not legal advice."}