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 § 58-5-162

Title 58INSURANCE

Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-162 (Corporate governance disclosure--Requirements and limitations.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-5-162 (2026).

Text

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.