South Dakota Statutes

§ 58-35-77 — Articles of division of farm mutual--Articles of incorporation--Filing--Application of chapter provisions.

South Dakota·Title 58 INSURANCE·Ch. 58-34 FARM MUTUAL INSURERS
The articles of division of a farm mutual, if approved, shall set forth the approved plan and such other information as required by § 58-35-63 and shall be filed and approved as provided for by § 58-35-64 . Each part of the plan that contains the articles of a new farm mutual shall be separately filed and recorded as articles of incorporation for such new farm mutual. Any new farm mutual formed pursuant to §§ 58-35-75 to , inclusive, is subject to the provisions of this chapter in the same manner as any other farm mutual.

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South Dakota § 58-35-77 (Articles of division of farm mutual--Articles of incorporation--Filing--Application of chapter provisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2005, ch 277, § 3.

Nearby Sections

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