South Dakota § 58-5-162 Corporate governance disclosure--Requirements and limitations.

South Dakota Statutes

§ 58-5-162 — Corporate governance disclosure--Requirements and limitations.

South Dakota·Title 58 INSURANCE·Ch. 58-4A ORGANIZATION AND GENERAL POWERS OF INSURERS

Nothing in §§ 58-5-161 to 58-5-171 , inclusive, may be construed to prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law. Nothing in §§ 58-5-161 to 58-5-171 , inclusive, may be construed to limit the director’s authority, or the rights or obligations of third parties, under chapter 58-3 . The requirements in §§ 58-5-161 to 58-5-171 , inclusive, apply to all insurers domiciled in this state.

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Nothing in §§ 58-5-161 to 58-5-171 , inclusive, may be construed to prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law. Nothing in §§ 58-5-161 to 58-5-171 , inclusive, may be construed to limit the director’s authority, or the rights or obligations of third parties, under chapter 58-3 . The requirements in §§ 58-5-161 to 58-5-171 , inclusive, apply to all insurers domiciled in this state.

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