An insurer may transact business on either a cash premium plan or on an assessment plan as provided for in its articles of incorporation or bylaws.
S.D. Codified Laws § 58-35-37
Cash premium or assessment plan for transacting business
Source: SL 1966, ch 111, ch 17, § 6 (1).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.