2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 35 - Farm Mutual Insurers
§ 58-35-7 Declaration of intent to incorporate, filing--Proposed articles ofincorporation, execution.
58-35-7. Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution. The individuals proposing to form a farm mutual insurer as referred to in § 58-35-5 or 58-35-6 shall file with the director:
(1) A declaration of their intention to form such a corporation signed by at least one hundred incorporators if a proposed state mutual insurer, or by at least twenty-five incorporators if a proposed county mutual insurer; and
(2) The original and two copies with original signatures of the proposed articles of incorporation signed by three or more of the incorporators and notarized.
Source: SL 1966, ch 111, ch 17, § 8 (1); SL 1993, ch 369, § 1.
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