AN ACT
ENTITLED, An Act to revise certain provisions regarding surplus line insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 58-32-4 be amended to read:
58-32-4. The provisions of this chapter do not apply to life and health insurance, annuities, or reinsurance. This section does not prohibit the procurement of coverage otherwise complying with the export requirements of this chapter for:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 58-32-4 be amended to read:
58-32-4. The provisions of this chapter do not apply to life and health insurance, annuities, or reinsurance. This section does not prohibit the procurement of coverage otherwise complying with the export requirements of this chapter for:
(1) Disability insurance that has a benefit limit in excess of any benefit limit available from
an admitted insurer; or
(2) Health insurance for an individual traveling or temporarily living outside the United
States for health care costs incurred abroad.
An Act to revise certain provisions regarding surplus line insurance.
An Act to revise certain provisions regarding surplus line insurance.
I certify that the attached Act originated in the
HOUSE as Bill No. 1219
____________________________
Chief Clerk ____________________________
Speaker of the House
Attest:
____________________________
Chief Clerk
____________________________
Attest:
____________________________
Secretary of the Senate
House Bill No. 1219 File No. ____ Chapter No. ______ |
Received at this Executive Office this _____ day of _____________ ,
20____ at ____________ M.
By _________________________
for the Governor
The attached Act is hereby
approved this ________ day of
______________ , A.D., 20___
____________________________
Governor STATE OF SOUTH DAKOTA, ss.
Office of the Secretary of State
Filed ____________ , 20___
____________________________ Secretary of State
By _________________________ |