58-40-18. Exemption from other insurance laws--Exceptions.A hospital service plan corporation is exempt from all provisions of the insurance laws of this state other than in this chapter. However, the corporation is subject to the provisions of this title on matters of hearings, appeals, mergers, dissolutions, licensure of insurance producers, and procedures on such matters. The corporation is also subject to §§58-4-39 to 58-4-42, inclusive; 58-6-75; 58-17-17 and 58-17-19, for nongroup policies only; §§58-30-124 to 58-30-139, inclusive; to the fees and taxation as insurers covered by this title; and to chapters 58-3, 58-5A, 58-14, 58-18B, 58-26, 58-27, 58-29B, 58-29D, 58-33, 58-43, and 58-44. Source: SL 1966, ch 111, ch 21, §14; SL 1981, ch 367, §2; SL 1982, ch 367, §2; SL 1991, ch 408, §3; SL 1994, ch 386, §3; SL 2001, ch 286, §225.
South Dakota Legal Code