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2007 SUMMARY OF NEW STATE LAWS - SOUTH DAKOTA

South Dakota State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

HB 1051

291

Producer licensing - licensing requirements

Revises certain requirements regarding the licensing of insurance producers. Effective: July 1, 2007.

HB 1054

294

Financial regulation

Revises certain requirements for the independent audit of insurers. Effective: July 1, 2007.

HB 1081

173

Motor vehicle insurance - miscellaneous

Revises certain provisions to provide that motor vehicle license plates remain with the owner of the plates. Effective: July 1, 2007.

HB 1099

259

Corporate governance

Authorizes certain domestic limited liability companies and partnerships to be registered agents of foreign corporations. Effective: July 1, 2007.

HB 1103

172

Motor vehicle insurance -- miscellaneous

Revises certain requirements of vehicle and boat dealers to post damage disclosure statement notices. Effective: July 1, 2007.

HB 1108

184

Motor vehicle insurance - traffic offenses

Revises certain provisions regarding when and by whom chemical dependency evaluations occur after a conviction of driving while under the influence of drugs or alcohol. Effective: July 1, 2007.

HB 1122

72

Building codes

Revises and updates the references to the building codes. Effective: July 1, 2007.

HB 1174

175

Motor vehicle insurance -- miscellaneous

Increases the maximum amount for which used motor vehicles may be sold or transferred to be exempt from excise tax. Veto overridden. Effective: July 1, 2007.

HB 1196

137

Tort reform - construction defects

Provides for notice and opportunity to remedy residential construction defects. Effective: July 1, 2007.

HB 1204

174

Military personnel insurance-related legislation

Revises fees for renewal stickers that are placed on special motor vehicle license plates for certain military veterans. Effective: July 1, 2007.

SB 11

182

Motor vehicle insurance - commercial auto

Revises certain provisions related to the licensing of commercial drivers. Effective: July 1, 2007.

SB 12

180

Motor vehicle insurance - teen drivers

Revises certain provisions required to obtain an instruction permit to drive. Effective: July 1, 2007.

SB 13

265

Motor vehicle insurance - commercial auto

Updates certain provisions pertaining to motor carrier safety and transportation of hazardous materials. Effective: July 1, 2007.

SB 39

287

Commercial insurance

Relates to providing claims information to commercial property casualty insureds. Effective: July 1, 2007.

SB 65

286

Commercial insurance

Revises certain provisions regarding the reimbursement for medical assistance made by certain insurers to the state. Effective: July 1, 2007.

SB 72

185

Motor vehicle insurance - salvage title

Revises certain provisions regarding the liens on vehicles for the costs of removal and storage of the vehicles. Effective: July 1, 2007.

SB 142

299

Workers' compensation - disputes and settlements

Provides for collection of certain workers' compensation by court order. Effective: July 1, 2007.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.