2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-27 Membership of policyholders in domestic mutual insurer--Reinsurance contract excepted.

58-5-27. Membership of policyholders in domestic mutual insurer--Reinsurance contract excepted. Each policyholder of a domestic mutual insurer, other than of a reinsurance contract, is a member of the insurer with all rights and obligations of such membership, and the policy shall so specify.

Source: SL 1966, ch 111, ch 16, ยง 15 (1).

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