Reciprocal insurer defined

SDCL § 58-34-2 — under RECIPROCAL INSURERS.

SDCL § 58-34-2

A "reciprocal insurer" means an unincorporated aggregation of subscribers operating individually and collectively through an attorney in fact to provide reciprocal insurance among themselves. Source: SL 1966, ch 111 , ch 19, § 2.