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§ 58-16-13 Industry fund groups--Issuance to commercial correspondent prohibited, exception.

SD Codified L § 58-16-13 (2019) (N/A)
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58-16-13. Industry fund groups--Issuance to commercial correspondent prohibited, exception. No policy may be issued under § 58-16-12 to insure employees of any employer whose eligibility to participate in the fund as an employer arises out of considerations directly related to the employer being a commercial correspondent or business client or patron of another employer, except where such other employer exercises substantial control over the business operations of the participating employers.

Source: SL 1966, ch 111, ch 24, § 1 (4) (a).

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§ 58-16-12.1 Classes of industry permitted to form groups.
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§ 58-16-14 Industry fund groups--Persons eligible for insurance.