South Dakota Codified Laws 58-35-29. Property insurable by farm mutual
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;
Terms Used In South Dakota Codified Laws 58-35-29
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2
(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.
Source: SL 1966, ch 111, ch 17, § 3 (1); SL 1979, ch 341, § 24; SL 1992, ch 60, § 2; SL 1993, ch 370, § 1; SL 2004, ch 297, § 3.