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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 20 - Workers' Compensation Insurance
§ 58-20-39 Self-insurance association not an insurance company.
Universal Citation: SD Codified L § 58-20-39 (2019)
58-20-39. Self-insurance association not an insurance company. Notwithstanding any other provision of law to the contrary, any association organized pursuant to §§ 58-20-25 to 58-20-40, inclusive, is not an insurance company or insurer under the laws of this state; any agreement forming an association does not constitute insurance or the conduct of an insurance business; and no association organized pursuant to §§ 58-20-25 to 58-20-40, inclusive, may be a member of the South Dakota Insurance Guaranty Association.
Source: SL 1995, ch 282, § 15.
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