S.D. Codified Laws § 58-34-1

Current through the 2024 Legislative Session

Section 58-34-1 - Reciprocal insurance defined

"Reciprocal" insurance is that resulting from an interexchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interexchange being effectuated through an "attorney in fact" common to all such persons.

SDCL 58-34-1

SL 1966, ch 111, ch 19, § 1.