South Dakota Code § 58-6-26

Surplus to qualify to transact one or more kinds of insurance by domestic mutual and reciprocal insurers--Laws governing
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As to surplus required for qualification to transact one or more kinds of insurance and thereafter to be maintained, domestic mutual insurers formed after June 30, 1966, are governed by chapters
58-5
and
58-35
and domestic reciprocal insurers formed after June 30, 1966, are governed by chapter
58-34
.

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