South Dakota Statutes

§ 58-34-30 — Powers of advisory committee.

South Dakota·Title 58 INSURANCE·Ch. 58-34 RECIPROCAL INSURERS

The advisory committee of a domestic reciprocal insurer shall:

(1)Supervise the finances of the insurer;
(2)Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and power of attorney;
(3)Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and (4) Have such additional powers and functions as may be conferred by the subscribers' agreement.

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South Dakota § 58-34-30 (Powers of advisory committee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 19, § 20 (3).

Nearby Sections

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