South Dakota Statutes

§ 58-36-1 — Certificate not to be issued for assessment life or health insurance--Transaction of business as misdemeanor.

South Dakota·Title 58 INSURANCE·Ch. 58-36 MUTUAL ASSESSMENT LIFE AND HEALTH INSURERS
No certificate of authority shall, after June 30, 1966, be issued to any insurer, organized upon the mutual assessment, cooperative, or natural premium plan for the purpose of writing assessment life, or health insurance. It is a Class 2 misdemeanor for any such insurer to transact business in South Dakota.

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South Dakota § 58-36-1 (Certificate not to be issued for assessment life or health insurance--Transaction of business as misdemeanor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 18, § 1 (1); SL 1978, ch 359, § 7.

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