58-34-1. "Reciprocal" insurance defined.
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/sd/title-58/chapter-58-34/58-34-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
"Reciprocal" insurance is that resulting from an interexchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interexchange being effectuated through an "attorney in fact" common to all such persons.