58-13-2. Subject of insurance defined.
A "subject of insurance" for the purposes of this chapter, as to insurance against fire and hazards other than windstorm, earthquake, or other catastrophe hazards, includes all properties insured by the same insurer which are customarily considered by underwriters to be subject to loss or damage from the same fire or the same occurrence of such other hazard insured against.
Source: SL 1966, ch 111, ch 4, ยง11 (2).
Structure South Dakota Codified Laws
Chapter 13 - Limit Of Risk Insured
Section 58-13-1 - Maximum single risk assumed.
Section 58-13-2 - Subject of insurance defined.
Section 58-13-3 - Surplus to policyholders defined.
Section 58-13-4 - Deduction for reinsurance or cosuretyship.
Section 58-13-5 - Chapter inapplicable when maximum possible loss not ascertainable.