Section 47-1A-901 - Excluded transactions. - South Dakota Statutes

47-1A-901. Excluded transactions. The provisions of §§ 47-1A-901 to 47-1A-956, inclusive, may not be used to effect a transaction that converts an insurance company organized on the mutual principle to one organized on a stock-share basis.

Source: SL 2005, ch 239, § 194.