<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-29B-2 - Scope. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076105Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076105SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076105CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076105Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076105DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2076105Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076105000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076105SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076105SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2076105Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29B-2"><span class="s2076105SENU">58-29B-2</span></a><span xml:space="preserve" class="s2076105SENU">. </span><span class="s2076105CL">Scope.</span></p><p dir="ltr" class="s2076105Normal-000000"><span class="s2076105DefaultParagraphFont">The provisions of this chapter apply to:</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(1)    All insurers who are doing, or have done, an insurance business in this state, and against whom claims arising from that business may exist now or in the future;</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(2)    All insurers who purport to do an insurance business in this state;</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(3)    All insurers who have insureds resident in this state;</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(4)    All other persons organized or in the process of organizing with the intent to do an insurance business in this state;</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(5)    All nonprofit service plans and all fraternal benefit societies, health maintenance organizations, benefit societies and any other entity subject to Title 58;</span></p><p dir="ltr" class="s2076105Normal-000001"><span xml:space="preserve" class="s2076105DefaultParagraphFont">(6)    All title insurance companies, subject to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-25"><span class="s2076105DefaultParagraphFont">58-25</span></a><span class="s2076105DefaultParagraphFont">;</span></p><p dir="ltr" class="s2076105Normal-000001"><span class="s2076105DefaultParagraphFont">(7)    Any entity whose administrative actions represent the administrative actions of an insurance company.</span></p><p dir="ltr" class="s2076105Normal"><span xml:space="preserve" class="s2076105000002"> </span></p><p dir="ltr" class="s2076105Normal"><span class="s2076105SCL">Source:</span><span xml:space="preserve" class="s2076105SCL-000003"> SL 1989, ch 436, § 2.</span></p></div></body></html>