South Dakota Statutes

§ 58-16-30 — Association groups--Insurance of members--Minimum number of members required.

South Dakota·Title 58 INSURANCE·Ch. 58-13 GROUP LIFE INSURANCE POLICIES
A policy of group life insurance may be issued to an association, which has been in existence for one or more years, and which has a constitution and bylaws, and which was not formed for the exclusive purpose of procuring insurance, insuring at least one hundred members of the association for the benefit of persons other than the association or its officers.

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South Dakota § 58-16-30 (Association groups--Insurance of members--Minimum number of members required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 24, § 1 (5).

Nearby Sections

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