South Dakota § 58-16-16 - Industry fund groups--Minimum number of persons required to be insured.
Full text of South Dakota South Dakota Codified Laws § 58-16-16 — Industry fund groups--Minimum number of persons required to be insured., with citation guidance and answers to common questions.
§ 58-16-16. Industry fund groups--Minimum number of persons required to be insured.
A policy issued under § 58-16-12 must cover at date of issue at least one hundred persons; and it must cover an average of not less than three persons per employer unit unless the policy is issued to the trustees of a fund established by employers which have assumed obligations through a collective bargaining agreement and are participating in the fund either pursuant to those obligations with regard to one or more classes of their employees which are encompassed in the collective bargaining agreement or as a method of providing insurance benefits for other classes of their employees, or unless the policy is issued to the trustees of a fund established by one or more labor unions.
Source: SL 1966, ch 111, ch 24, § 1 (4) (d).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-16-16
What does South Dakota Codified Laws § 58-16-16 cover?
Section 58-16-16 ("Industry fund groups--Minimum number of persons required to be insured.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-16-16?
A common citation format is "South Dakota Codified Laws § 58-16-16" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-16-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.