South Dakota Statutes

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

South Dakota·Title 58 INSURANCE·Ch. 58-37A FRATERNAL BENEFIT SOCIETIES
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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Related

Erickson v. Thrivent Insurance Agency Inc.
231 F. Supp. 3d 324 (D. South Dakota, 2017)
3 case citations

Legislative History

SL 1990, ch 410, § 1.

Nearby Sections

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