This chapter shall apply only to domestic stock insurers and domestic mutual insurers transacting or proposing to transact insurance on the cash premium or legal reserve plan, except that §§ 58-5-27, 58-5-28, 58-5-37, and 58-5-38 shall also apply to foreign and alien insurers.
S.D. Codified Laws § 58-5-1
Scope of chapter
Source: SL 1966, ch 111, ch 16, § 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.