SDCL § 58-5-3: Mutual insurer defined.
Where this section sits in the code
- TITLE 58. INSURANCE
- 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