Any corporation may, upon obtaining a certificate of authority as required in this chapter, operate as a health maintenance organization.

Terms Used In South Dakota Codified Laws 58-41-20

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

Source: SL 1974, ch 321, § 11; SL 1985, ch 393, § 3.