Section 58-6-15 - Use of deceptively similar name by life insurer prohibited for ten years. - South Dakota Statutes

58-6-15. Use of deceptively similar name by life insurer prohibited for ten years. No life insurer shall be authorized to transact insurance in this state which has or uses a name deceptively similar to that of another insurer authorized to transact insurance in this state within the preceding ten years if life insurance policies originally issued by such other insurer are still outstanding in this state.

Source: SL 1966, ch 111, ch 3, § 8 (2).