58-5-105. Continued issuance of participating policies without authorization in articles.
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/sd/title-58/chapter-58-5/58-5-105·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any domestic insurer which, prior to July 1, 1966, had been issuing all or part of its policies on a participating basis without authorization in its articles of incorporation, may continue to issue such policies.