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79 chapters · 3,425 sections in this title.
SDCL § 58-35-78 Annual audit--Independent audit--Report--Extension
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Any farm mutual insurer having direct premiums written in this state of more than two million dollars in any calendar year and more than two thousand policyholders or certificate holders of directly written policies nationwide at the end of a calendar year shall have an annual au…
SDCL § 58-35-8 Articles of incorporation--Contents
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The articles of incorporation required by § 58-35-7 must state: (1) The name of the corporation, which must include the words "farm mutual" and, if a county mutual insurer, the name of the county of its principal place of business; (2) If a county mutual insurer, the name of the …
SDCL § 58-35-9 Fee for filing articles of incorporation
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At the time of filing the proposed articles of incorporation, the incorporators shall submit a fee of twenty - five dollars payable to the division and the applicable filing fee payable to the secretary of state. Source: SL 1966, ch 111 , ch 17, § 8 (3); SL 1993, ch 369 , § 2.
SDCL § 58-36-1 Certificate not to be issued for assessment life or health insurance--Transaction of business as misdemeanor
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No certificate of authority shall, after June 30, 1966, be issued to any insurer, organized upon the mutual assessment, cooperative, or natural premium plan for the purpose of writing assessment life, or health insurance. It is a Class 2 misdemeanor for any such insurer to transa…
