58-5-26. Authorization of domestic mutual insurer to transact additional kinds of insurance.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.
South Dakota Legal Code