2006 South Dakota Code - 3-22-25 — Number of initial commitments and contributions prerequisite to chapter becomingeffective--Statement to be filed with commissioner of administration.

     3-22-25.   Number of initial commitments and contributions prerequisite to chapter becoming effective--Statement to be filed with commissioner of administration. Notwithstanding any other provision of this chapter, no part of this chapter providing liability coverages for any public entity or employee shall become effective until the bureau has filed a statement with the commissioner of administration indicating that at least thirty public entities, other than the state, have filed binding commitments with the bureau to become members and at least five hundred thousand dollars in contributions have been received by the bureau.

Source: SL 1986, ch 413, § 27.