GroundRules
← Search the law
South Dakota · Through 2026-08-31

SDCL § 58-5-3: Mutual insurer defined.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS

A "mutual" insurer is an insurance corporation without capital stock, owned by its policyholders collectively, who have the right to vote in the election of its directors.

Collected 2026-09-03T15:18:57Z. Source file · JSON

Browse this collection