58-32-42Annual statement of broker--Form and contents.

The statement shall be on forms furnished by the director and shall show:

(1)    Gross amount of each kind of insurance transacted;

(2)    Aggregate gross premiums charged;

(3)    Aggregate of returned premiums paid to insureds;

(4)    Aggregate of net premiums; and

(5)    Additional information as required by the director.

Source: SL 1966, ch 111, ch 11, § 17 (2).




SDLRC - Codified Law 58-32-42 - Annual statement of broker--Form and contents.

58-32-42.1Uniform report may be prescribed in lieu of annual statement or affidavit as to exported insurance.

The director may prescribe the use of a nationally recognized uniform report for the filing of information contained in affidavits, annual statements, and other reports for surplus lines brokers. If prescribed by the director, the uniform report shall be used in lieu of and satisfies the provisions of §§ 58-32-20, 58-32-41, and 58-32-42. The uniform report shall contain information sufficient to determine the amount and type of surplus lines insurance written in this state and sufficient to determine the appropriate amount of tax to be paid pursuant to this title.

Source: SL 2010, ch 242, § 1.