S.D. Codified Laws § 58-37A-1

Current through the 2024 Legislative Session
Section 58-37A-1 - Fraternal benefit society defined

Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of subdivision 58-37A-38(2), whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and which provides benefits in accordance with this chapter, is a fraternal benefit society for the purposes of this chapter.

SDCL 58-37A-1

SL 1990, ch 410, § 1.