South Dakota Statutes

§ 58-5-41 — Voting rights of members of domestic mutual insurer.

South Dakota § 58-5-41
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-41 (Voting rights of members of domestic mutual insurer.) 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 § 58-5-41 (2026).

Text

The bylaws of a domestic mutual insurer shall provide that each member is entitled to one vote upon each matter coming to a vote at meetings of members and that a member shall have the right to vote in person or by his written proxy. Such proxy shall be for a reasonable specified period of time subject to revocation by a member at any time by written notice to the secretary of the company.

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Legislative History

SL 1966, ch 111, ch 16, § 16 (2) (a).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-41.