<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-5-5 - Incorporation of stock and mutual insurers. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2073998Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073998SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073998CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2073998Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073998DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073998000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073998SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073998SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2073998Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-5-5"><span class="s2073998SENU">58-5-5</span></a><span xml:space="preserve" class="s2073998SENU">. </span><span class="s2073998CL">Incorporation of stock and mutual insurers.</span></p><p dir="ltr" class="s2073998Normal-000000"><span xml:space="preserve" class="s2073998DefaultParagraphFont">Sections </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-5-6"><span class="s2073998DefaultParagraphFont">58-5-6</span></a><span xml:space="preserve" class="s2073998DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-5-7"><span class="s2073998DefaultParagraphFont">58-5-7</span></a><span xml:space="preserve" class="s2073998DefaultParagraphFont"> apply to both stock and mutual insurers incorporated in this state after June 30, 1966.</span></p><p dir="ltr" class="s2073998Normal"><span xml:space="preserve" class="s2073998000001"> </span></p><p dir="ltr" class="s2073998Normal"><span class="s2073998SCL">Source:</span><span xml:space="preserve" class="s2073998SCL-000002"> SL 1966, ch 111, ch 16, § 6 (1).</span></p></div></body></html>