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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 06A - Risk Retention Groups
§ 58-6A-3.6 Members of audit committee.
Universal Citation: SD Codified L § 58-6A-3.6 (2019)
58-6A-3.6. Members of audit committee. The risk retention group shall have an audit committee composed of at least three independent board members as defined in §§ 58-6A-3.1 and 58-6A-3.2. A nonindependent board member may participate in the activities of the audit committee, if invited by the committee, but cannot be a member of the audit committee.
Source: SL 2016, ch 232, § 8.
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