South Dakota Statutes

§ 58-35-23 — Filing of bylaws--Disapproval by director.

South Dakota § 58-35-23
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34FARM MUTUAL INSURERS

This text of South Dakota § 58-35-23 (Filing of bylaws--Disapproval by director.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-35-23 (2026).

Text

The insurer shall promptly file with the director two certified copies of its bylaws and all amendments thereto. The director at the time of filing or at any time thereafter may disapprove any bylaw provision deemed by him to be unlawful, unreasonable, inadequate, unfair, or detrimental to the proper interests or protection of the insurer's members or any class thereof.

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Legislative History

SL 1966, ch 111, ch 17, § 14 (2); SL 1993, ch 369, § 5.

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Bluebook (online)
South Dakota § 58-35-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-35-23.