CHAPTER 288

(HB 1140)

Farm mutual insurers must comply with fraud provisions.

         ENTITLED, An Act to  require farm mutual insurers to comply with insurance fraud provisions.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  That § 58-35-57 be amended to read as follows:

     58-35-57.   The following chapters and sections of this title apply to farm mutual insurers to the extent not inconsistent with the express provisions of this chapter and the reasonable implications of the express provisions:

             (1)      Chapter 58-1. Definitions and General Provisions;

             (2)      Chapter 58-2. Division of Insurance;

             (3)      Chapter 58-3. Examination of Insurers, Brokers and Agents;

             (4)      Chapter 58-4. Enforcement Powers and Proceedings (except §   58-4-7);

             (5)      Chapter 58-4A. Insurance Fraud;

             (6)     Sections 58-5-134 to 58-5-140, inclusive. Organization and General Powers of Insurers;

             (6) (7)      Chapter 58-10. Insurable Interest;

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             (7) (8)      Chapter 58-11. Form and Contents of Insurance Policies;

             (8) (9)      Chapter 58-12. Insurance Claims and Benefits (except §   58-12-3);

             (9) (10)      Chapter 58-33. Unfair Trade Practices;

             (10) (11)      Chapter 58-30. Insurance Brokers, Agents and Solicitors;

             (11) (12)      Chapter 58-29B. Insurers Supervision and Rehabilitation.

     Signed March 3, 2001.

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