Reciprocating state defined

SDCL § 58-5-99 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.

SDCL § 58-5-99

A "reciprocating" state, as used in §§ 58-5-100 to 58-5-103 , inclusive, is one under the laws of which limitations similar to those contained in said sections are imposed upon and enforced against insurers domiciled in that state. Source: SL 1966, ch 111 , ch 16, § 28 (4).