{"data":{"id":"us-sd/sdcl-58-29a-56","jurisdiction":"us-sd","citation":"SDCL § 58-29A-56","heading":"Creation of association--Membership--Exercise of powers.","body":"There is created a nonprofit unincorporated legal entity to be known as the South Dakota Insurance Guaranty Association. Any insurer defined as a member insurer in subdivision 58-29A-55(9) is a member of the association as a condition of its authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under §§ 58-29A-83 to 58-29A-87, inclusive, and shall exercise its powers through a board of directors established under §§ 58-29A-57 and 58-29A-58.","path":["TITLE 58. INSURANCE","CHAPTER 58-29A. INSURANCE GUARANTY ASSOCIATION"],"source_url":"https://sdlegislature.gov/Statutes/58-29A-56","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"442727f97df3c333f3708618539e67d2dab42fba8d4443cecebeededb1bdc3c8","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-29a-55","next":"us-sd/sdcl-58-29a-57"},"notice":"GroundRules: Original legal text. Not legal advice."}