S.D. Codified Laws § 58-44-16 (2026)
This chapter applies to all persons doing insurance business notwithstanding any provision in this title which exempts them from other insurance laws except any insurer licensed pursuant to chapter 58-35 which does not have more than one million dollars in direct written premiums and more than one thousand policyholders in any calendar year.
Source: SL 1992, ch 358 , § 16.