Except as otherwise provided in this chapter, an authorized multiple employer trust may not be determined to be or considered to be an insurance company or association of any kind or character under this title, or subject to the provisions of §§ 58-8-6 to 58-8-19, inclusive.
S.D. Codified Laws § 58-18-90
Multiple employer trust not insurance company or association or subject to specified provisions--Exception
Source: SL 2005, ch 272, § 4; SL 2019, ch 212, § 8.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.