{"data":{"id":"us-sd/sdcl-58-46-29","jurisdiction":"us-sd","citation":"SDCL § 58-46-29","heading":"Participant in sponsored captive insurance company.","body":"Any entity may be a participant in any sponsored captive insurance company. A sponsor may be a participant in a sponsored captive insurance company. A participant need not be an owner of the sponsored captive insurance company or any affiliate thereof.\nExcept as otherwise approved by the director, a participant may insure through a sponsored captive insurance company only its own risks and the risks of its affiliates who are participants.","path":["TITLE 58. INSURANCE","CHAPTER 58-46. CAPTIVE INSURANCE COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-46-29","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d0c027c5024577533247c864edf474b68f663b2db5d0006e52907c87943829cf","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-46-28","next":"us-sd/sdcl-58-46-30"},"notice":"GroundRules: Original legal text. Not legal advice."}
