South Dakota Statutes
§ 58-40-4 — Board of directors--Minimum number--Qualifications--Selection--Term of office.
The business of a hospital service plan corporation shall be managed by a board of directors of at least five persons possessing the same general qualifications as the incorporators and they shall be selected, and their number fixed, in the manner set out in the bylaws for three - year terms. The directors of such corporation must at all times include representatives of the following groups: administrators, directors, trustees, or members of the clinical staff of hospitals which have contracted or may contract with such corporation to render to its subscribers hospital service; physicians and surgeons regularly licensed to practice in this state; and the general public exclusive of hospital representatives and physicians.
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South Dakota § 58-40-4 (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 21, § 16.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.