Use of words descriptive of insurance, casualty, or surety business as misdemeanor--Exception.

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58-41-32. Use of words descriptive of insurance, casualty, or surety business as misdemeanor--Exception.

No health maintenance organization or representative thereof may use in its name, contracts, or literature any of the words "insurance," "casualty," "surety," "mutual," or any other words which are descriptive of the insurance, casualty, or surety business or deceptively similar to the name or description of any insurance or surety corporation doing business in this state; provided, however, that when a health maintenance organization has contracted with an insurance company for any coverage permitted by this chapter, it may so state. Violation of this section is a Class 2 misdemeanor.

Source: SL 1974, ch 321, §§32 (3), 50; SDCL Supp, §58-41-77; SL 1978, ch 359, §2.


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