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S.D. Codified Laws § 58-35-24

Minimum number of members

Source: SL 1966, ch 111, ch 17, § 15.

The total membership of the insurer shall at all times be not less than the number of persons required by § 58-35-5 or 58-35-6 to incorporate such an insurer.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.