The affairs of every domestic insurer shall be managed by the number of directors fixed in the insurer's bylaws, which shall not be less than five nor more than twenty-one directors.
S.D. Codified Laws § 58-5-58
Directors of domestic insurer--Number--Management of affairs of insurer
Source: SL 1966, ch 111, ch 16, § 21 (1).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.