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Code · South Dakota · Title 58 · Chapter 58-22

58-22-9. Termination of appointment of surety bondsman by insurer--Notice to director--Information privileged.

76 words·~1 min read·/sd/title-58/chapter-58-22/58-22-9

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An insurer terminating the appointment of a surety bondsman shall file written notice thereof with the director, together with a statement that it has given or mailed notice to the surety bondsman. Such notice filed with the director shall state the reasons, if any, for such termination. Information so furnished the director shall be privileged and shall not be used as evidence in or basis for any action against the insurer or any of its representatives.
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