General applicability
It is unlawful for any corporation, partnership, firm, or individual to engage in or transact business as a mutual association, as defined in 32-2-603, except by means of a corporation organized for that purpose.
| EnactedEn. SectionSec. 2, ChapterCh. 431, Laws ofL. 2021 (SB 308 - Welborn, Jeffrey (R) SD 36) |