South Dakota Codified Laws
Chapter 37A - Fraternal Benefit Societies
Section 58-37A-34 - Applicability of unfair trade prohibitions--Determination of membership requirements and to whom benefits offered.

58-37A-34. Applicability of unfair trade prohibitions--Determination of membership requirements and to whom benefits offered.
Any society and insurance producer authorized to do business in this state is subject to the provisions of chapter 58-33 relating to unfair trade practices. However, nothing in these provisions may be construed as applying to or affecting the right of any society to determine its eligibility requirements for membership or be construed as applying to or affecting the offering of benefits exclusively to members or persons eligible for membership in the society by a subsidiary corporation or affiliated organization of the society.

Source: SL 1990, ch 410, §34; SL 2001, ch 286, §219.

Structure South Dakota Codified Laws