58-29B-2. Scope.
129 words·~1 min read·
/sd/title-58/chapter-58-29/58-29b-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The provisions of this chapter apply to:
(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;
(2)All insurers who purport to do an insurance business in this state;
(3)All insurers who have insureds resident in this state;
(4)All other persons organized or in the process of organizing with the intent to do an insurance business in this state;
(5)All nonprofit service plans and all fraternal benefit societies, health maintenance organizations, benefit societies and any other entity subject to Title 58;
(6)All title insurance companies, subject to chapter 58-25 ;
(7)Any entity whose administrative actions represent the administrative actions of an insurance company.