State of South Dakota
|
SEVENTY-SEVENTH
SESSION
LEGISLATIVE ASSEMBLY, 2002 |
292H0658 |
HOUSE BILL
NO.
1281
|
Introduced by:
Representative Derby
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 58-1-14 be amended to read as follows:
58-1-14. Notice of refusal to renew an insurance policy as defined in § § 58-9-5 to 58-9-33, inclusive, except a policy of homeowner's insurance, is not effective unless mailed or delivered by the insurer to the named insured at least
Section 2. That § 58-33-60 be amended to read as follows:
58-33-60. A notice of cancellation of insurance coverage by an insurer shall be mailed or
delivered by the insurer to the named insured at least
twenty
sixty
days before the effective
cancellation date and shall be accompanied by a written explanation of the specific reasons for
the cancellation.
Section
3.
That
§
58-20-14
be amended to read as follows:
58-20-14.
No policy or contract of insurance issued by a stock insurer or mutual association
against compensation as provided by the title "Workers' Compensation"
shall
may
be canceled
within the time limited in such contract for its expiration until at least
ten
sixty
days after notice
of intention to cancel such contract, on a date specified in such notice, shall have been filed in
the office of the State Department of Labor or other officer in charge of the administration of
the workers' compensation law and shall also have been served on the employer. Such notice
shall be served on the employer by delivering it to
him
the employer
or by sending it by mail, by
registered or certified letter addressed to the employer at
his or its
the
last known place of
residence, but if the employer be a partnership, then such notice may be so given to any one of
the partners, and if the employer be a corporation, then the notice may be given to any agent or
officer of the corporation upon whom legal process may be served.