{"data":{"id":"us-sd/sdcl-58-5-138.1","jurisdiction":"us-sd","citation":"SDCL § 58-5-138.1","heading":"Compensation of officer, insurance producer, or employee of converting mutual insurer prohibited.","body":"No director, officer, insurance producer, or employee of any mutual insurer party to a reorganization or conversion to a corporation with capital stock may receive any fee, commission, compensation, or other valuable consideration for that participation except as set forth in the reorganization or conversion plan.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-138.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"543ef092fdf890b3f78f897e878e425cbbe788c2979103bbd97c8baad81f788a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-138","next":"us-sd/sdcl-58-5-139"},"notice":"GroundRules: Original legal text. Not legal advice."}