A "stock" insurer is an incorporated insurer with capital divided into shares and owned by its stockholders. Source: SL 1966, ch 111 , ch 16, § 2.
Stock insurer defined
SDCL § 58-5-2 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.
SDCL § 58-5-2
SDCL § 58-5-2 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.
SDCL § 58-5-2
A "stock" insurer is an incorporated insurer with capital divided into shares and owned by its stockholders. Source: SL 1966, ch 111 , ch 16, § 2.