Sections 58-5-6 and 58-5-7 apply to both stock and mutual insurers incorporated in this state after June 30, 1966.
S.D. Codified Laws § 58-5-5
Incorporation of stock and mutual insurers
Source: SL 1966, ch 111, ch 16, § 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.