2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 34 - Reciprocal Insurers
§ 58-34-30 Powers of advisory committee.
58-34-30. Powers of advisory committee. The advisory committee of a domestic reciprocal insurer shall:
(1) Supervise the finances of the insurer;
(2) Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and power of attorney;
(3) Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and
(4) Have such additional powers and functions as may be conferred by the subscribers' agreement.
Source: SL 1966, ch 111, ch 19, § 20 (3).
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