The bylaws of a domestic mutual insurer shall provide the number, designation, election, terms, and powers and duties of the respective corporate officers.
S.D. Codified Laws § 58-5-43
Officers of domestic mutual insurer--Number, designation, election, and terms of office--Powers and duties
Source: SL 1966, ch 111, ch 16, § 16 (2) (d).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.