SDCL § 58-37A-38.1: Inapplicability of subdivision 58-37A-38(2) to certain societies, orders, and associations.

The provisions of subdivision 58-37A-38(2) do not apply to any society, order, or association which had a certificate of authority in this state as of July 1, 2006, nor to any society, order, or association which is formed on or after July 1, 2007. Any society, order or association not exempt pursuant to the provisions of this section shall hold a certificate of authority in this state.