Directors of domestic mutual insurer--Number, qualifications, election, terms of office, and powers.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Organization And General Powers Of Insurers
  5. Directors of domestic mutual insurer--Number, qualifications, election, terms of office, and powers.

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58-5-42. Directors of domestic mutual insurer--Number, qualifications, election, terms of office, and powers.

The bylaws of a domestic mutual insurer shall provide for election of directors by the members, and the number, qualifications, terms of office, and powers of directors.

Source: SL 1966, ch 111, ch 16, §16 (2) (b).


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