2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 16 - Group Life Insurance Policies
§ 58-16-13 Industry fund groups--Issuance to commercial correspondent prohibited, exception.
58-16-13. Industry fund groups--Issuance to commercial correspondent prohibited, exception. No policy may be issued under § 58-16-12 to insure employees of any employer whose eligibility to participate in the fund as an employer arises out of considerations directly related to the employer being a commercial correspondent or business client or patron of another employer, except where such other employer exercises substantial control over the business operations of the participating employers.
Source: SL 1966, ch 111, ch 24, § 1 (4) (a).
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