South Dakota Statutes

§ 58-5-107 — Participating policyholder as member.

South Dakota § 58-5-107
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-107 (Participating policyholder as member.) 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 § 58-5-107 (2026).

Text

Wherever, in any statutory provision, there is use of the word "member" as applying to a mutual and stock insurance company, the same shall be construed as meaning a participating policyholder of such company and shall have no connotation of membership in such company as when used with reference to mutual insurers.

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Legislative History

SL 1966, ch 111, ch 16, § 19.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-107.