A policy of group life insurance may be issued to a labor union, which shall be deemed the policyholder, to insure members of such union for the benefit of persons other than the union or any of its officials, representatives or agents, subject to the requirements of §§ 58-16-8 to 58-16-11, inclusive.
S.D. Codified Laws § 58-16-7
Labor union group insurance permitted
Source: SL 1966, ch 111, ch 24, § 1 (3).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.