58-16-13. Industry fund groups--Issuance to commercial correspondent prohibited, exception.
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/sd/title-58/chapter-58-16/58-16-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No policy may be issued under § 58-16-12 to insure employees of any employer whose eligibility to participate in the fund as an employer arises out of considerations directly related to the employer being a commercial correspondent or business client or patron of another employer, except where such other employer exercises substantial control over the business operations of the participating employers.