58-6-37. Deposit of title insurer as guaranty fund--Purpose.The deposit shall be known as a 'guaranty fund,' and shall be held as security for the faithful performance by the insurer of all its undertakings and liabilities under its title policies or other guarantees of title to property, but shall not be subject to any other liabilities of the insurer. Source: SL 1966, ch 111, ch 3, §14 (2).
South Dakota Legal Code