South Dakota § 58-37A-1 Fraternal benefit society defined.

South Dakota Statutes

§ 58-37A-1 — Fraternal benefit society defined.

South Dakota § 58-37A-1

Title 58INSURANCE

Ch. 58-37AFRATERNAL BENEFIT SOCIETIES

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Bluebook

S.D. Codified Laws § 58-37A-1 (2026).

Text

Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of subdivision 58-37A-38(2), whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and which provides benefits in accordance with this chapter, is a fraternal benefit society for the purposes of this chapter.

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Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of subdivision 58-37A-38(2), whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and which provides benefits in accordance with this chapter, is a fraternal benefit society for the purposes of this chapter.