{"data":{"id":"us-sd/sdcl-58-46-28","jurisdiction":"us-sd","citation":"SDCL § 58-46-28","heading":"Sponsor of sponsored captive insurance company.","body":"A sponsor of a sponsored captive insurance company shall be any entity approved by the director. A risk retention group may not be a sponsor of a sponsored captive insurance company, and a risk retention group may be a participant of a sponsored captive insurance company only to the extent that it is the sole participant of one or more protected cells.","path":["TITLE 58. INSURANCE","CHAPTER 58-46. CAPTIVE INSURANCE COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-46-28","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"730701cd802c887066176e09cb03b4ec062f0b80e802bc3211a1711828e6633a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-46-27","next":"us-sd/sdcl-58-46-29"},"notice":"GroundRules: Original legal text. Not legal advice."}