The bylaws of a domestic stock insurer shall be subject to the approval of the director as provided in § 58-5-46 . Source: SL 1966, ch 111 , ch 16, § 17 (2).
SDCL § 58-5-48, under ORGANIZATION AND GENERAL POWERS OF INSURERS.
SDCL § 58-5-48
The bylaws of a domestic stock insurer shall be subject to the approval of the director as provided in § 58-5-46 . Source: SL 1966, ch 111 , ch 16, § 17 (2).