South Dakota Statutes
§ 58-35-6 — Incorporators--Number and property ownership required for county mutual insurer.
Twenty - five or more individuals residing in this state, each of whom is an adult and owns farm or ranch land valued at not less than five thousand dollars located in the county of the principal office of the proposed insurer, or any county contiguous to the county of the principal office and who collectively own, in such counties, farm property referred to in § 58-35-29 valued at not less than one hundred twenty - five thousand dollars which they desire to insure, may incorporate as a county mutual insurer.
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South Dakota § 58-35-6 (Incorporators--Number and property ownership required for county mutual insurer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1966, ch 111, ch 17, § 7 (2); SL 1979, ch 341, § 23.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.