This chapter shall apply only to domestic stock insurers and domestic mutual insurers transacting or proposing to transact insurance on the cash premium or legal reserve plan, except that §§ 58-5-27 , 58-5-28 , 58-5-37 , and 58-5-38 shall also apply to foreign and alien insurers. Source: SL 1966, ch 111 , ch 16, § 1.
Scope of chapter
SDCL § 58-5-1 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.
SDCL § 58-5-1