Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 5C - MUTUAL LEGAL MALPRACTICE INSURERS
Section 58-5C-4 - Number of insurance applications required before certificate issued to mutual insurer

S.D. Codified Laws § 58-5C-4

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Current through the 2024 Legislative Session
Section 58-5C-4 - Number of insurance applications required before certificate issued to mutual insurer

No original certificate of authority may be issued by the director of the Division of Insurance until one hundred applications have been received from licensed attorneys to be affected, and until the director has satisfied himself that such a mutual insurer has bona fide applications representing the number of applicants required.

SDCL 58-5C-4

SL 1977, ch 405, § 4; SL 1979, ch 342.