A domestic mutual insurer, after being authorized to transact one or more kinds of insurance, may be authorized to transact such additional kinds of insurance as are permitted under § 58-5-21 , while in compliance with this title and while maintaining unimpaired surplus funds in conformity with the requirements of §§ 58-5-21 and 58-5-22 . Source: SL 1966, ch 111 , ch 16, § 14.
Authorization of domestic mutual insurer to transact additional kinds of insurance
SDCL § 58-5-26, under ORGANIZATION AND GENERAL POWERS OF INSURERS.
SDCL § 58-5-26