The PEPL does not constitute insurance nor may it be considered an insurance company under the laws of South Dakota nor is the PEPL under the jurisdiction of the commissioner of insurance.
S.D. Codified Laws § 3-22-18
Liability pool not to be considered insurance or insurance company
Applied in 3 court decisions — leading case Kyllo v. Panzer (1995)
Most recently applied in South Dakota Public Entity Pool for Liability v. Winger (July 1997)
Source: SL 1986, ch 413, § 19.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.