South Dakota Statutes

§ 58-39-4 — Board of directors--Minimum number--Qualifications--Selection--Term of office.

South Dakota·Title 58 INSURANCE·Ch. 58-39 NONPROFIT DENTAL SERVICE PLANS
The business of a dental service corporation shall be managed by a board of directors of at least five persons possessing the same general qualifications as the incorporators and selected, and the number fixed, in the manner set out by the bylaws for three - year terms. At least a majority of the directors of said corporation must be at all times dentists who have contracted, or may contract with such corporation to render to its subscribers dental service.

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South Dakota § 58-39-4 (Board of directors--Minimum number--Qualifications--Selection--Term of office.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 30, § 4.

Nearby Sections

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