SDCL § 58-35-27: Officers--Election--Term of office.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-35. FARM MUTUAL INSURERS
The board of directors of an insurer shall elect from their number a president and vice-president. The board shall also elect a secretary and treasurer or a secretary-treasurer of the insurer. Officers shall hold their offices for one year, and until their successors are elected and qualified.
Collected 2026-09-03T15:18:57Z. Source file · JSON