South Dakota Codified Laws
Chapter 22 - Liability Coverage Program For Public Entities
Section 3-22-18 - Liability pool not to be considered insurance or insurance company.

3-22-18. Liability pool not to be considered insurance or insurance company.
The PEPL does not constitute insurance nor may it be considered an insurance company under the laws of South Dakota nor is the PEPL under the jurisdiction of the commissioner of insurance.

Source: SL 1986, ch 413, ยง19.