The specific purpose of §§ 58-5-80 to 58-5-84, inclusive, is to facilitate the continued operation of all domestic insurers in the event a national emergency makes it impossible or impracticable for an insurer to conduct its business in strict accord with applicable provisions of law, its bylaws, or its charter.
S.D. Codified Laws § 58-5-79
Management of domestic insurers during national emergency--Continuity, means for facilitating
Source: SL 1966, ch 111, ch 16, § 43 (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.