Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 5 - ORGANIZATION AND GENERAL POWERS OF INSURERS
Section 58-5-27 - Membership of policyholders in domestic mutual insurer-Reinsurance contract excepted

S.D. Codified Laws § 58-5-27

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Current through the 2024 Legislative Session
Section 58-5-27 - Membership of policyholders in domestic mutual insurer-Reinsurance contract excepted

Each policyholder of a domestic mutual insurer, other than of a reinsurance contract, is a member of the insurer with all rights and obligations of such membership, and the policy shall so specify.

SDCL 58-5-27

SL 1966, ch 111, ch 16, § 15 (1).