South Dakota Statutes

§ 58-34-26 — Authority of corporation to exchange insurance contracts.

South Dakota § 58-34-26
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34RECIPROCAL INSURERS

This text of South Dakota § 58-34-26 (Authority of corporation to exchange insurance contracts.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-34-26 (2026).

Text

Any corporation now or hereafter organized under the laws of this state shall, in addition to the rights, powers, and franchises specified in its articles of incorporation have full power and authority to exchange insurance contracts of the kind and character mentioned in § 58-34-25 . The right to exchange such contracts is declared to be incidental to the purposes for which such corporations are organized and as much granted as the rights and powers expressly conferred.

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Legislative History

SL 1966, ch 111, ch 19, § 19 (2).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-34-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-34-26.