South Dakota Statutes

§ 58-35-27 — Officers--Election--Term of office.

South Dakota·Title 58 INSURANCE·Ch. 58-34 FARM MUTUAL INSURERS
The board of directors of an insurer shall elect from their number a president and vice - president. The board shall also elect a secretary and treasurer or a secretary - treasurer of the insurer. Officers shall hold their offices for one year, and until their successors are elected and qualified.

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Legislative History

SL 1966, ch 111, ch 17, § 19.

Nearby Sections

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