SDCL § 58-16-13: Industry fund groups--Issuance to commercial correspondent prohibited, exception.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-16. GROUP LIFE INSURANCE POLICIES
No policy may be issued under § 58-16-12 to insure employees of any employer whose eligibility to participate in the fund as an employer arises out of considerations directly related to the employer being a commercial correspondent or business client or patron of another employer, except where such other employer exercises substantial control over the business operations of the participating employers.
Collected 2026-09-03T15:18:57Z. Source file · JSON