A reciprocal insurer may not transact life or title insurance. Source: SL 1966, ch 111 , ch 3, § 9 (2); SL 1996, ch 290 .
Reciprocal insurer--Transaction of life or title insurance prohibited
SDCL § 58-6-21 — under AUTHORITY TO TRANSACT INSURANCE IN STATE.
SDCL § 58-6-21