58-35-29. Property insurable by farm mutual.
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/sd/title-58/chapter-58-35/58-35-29·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A farm mutual insurer shall only insure the following described property against loss or damage by fire or other casualty:
(1)Farm dwellings and buildings, including the usual contents therein, livestock, farm machinery, growing crops, and other forms of farm property;
(2)Dwellings designed for occupancy by not over two families, including the usual contents thereof, and private structures;
(3)Churches, schools, and community buildings including the usual contents thereof;
(4)The usual and customary possessions of the occupants of multi - family dwellings; and
(5)Personal property used in a solely - owned business activity conducted on the insured premises, including property held for resale if the insured property is covered by reinsurance.
For purposes of this chapter any policy written by a farm mutual insurer is considered a personal lines policy.