S.D. Codified Laws § 58-5B-3
Current with legislation signed by the governor on or before 3/6/2024
All domestic corporations, organized for the purpose of transacting such insurance business under the provisions of this chapter, shall incorporate under the provisions of chapter 58-5, and be regulated as mutual insurers; provided, the provisions of this chapter shall govern where in conflict with other laws or parts of laws.
SDCL 58-5B-3