South Dakota Statutes

§ 58-5-6 — Incorporators--Number and qualifications.

South Dakota § 58-5-6
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-6 (Incorporators--Number and qualifications.) 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 § 58-5-6 (2026).

Text

Five or more individuals may incorporate as a stock insurer; ten or more individuals may incorporate as a mutual insurer. The incorporators shall be citizens of the United States, at least twenty - one years of age, and a majority of the incorporators shall be residents of this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1966, ch 111, ch 16, § 6 (2).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 58-5-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-6.