{"data":{"id":"us-sd/sdcl-58-5-47","jurisdiction":"us-sd","citation":"SDCL § 58-5-47","heading":"Bylaws of domestic stock insurer--Adoption, modification, and revocation.","body":"Before commencing business, the initial board of directors of a domestic stock insurer shall adopt bylaws which shall be subject to the approval by a two-thirds vote of the stockholders present in person or by proxy at the next succeeding stockholders' meeting. Stockholders shall have the power to make, modify, or revoke bylaws by a two-thirds vote of those stockholders present in person or by proxy at a stockholders' meeting.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-47","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3a769b85b235ae153871f97fa58bca6ff31870c1578ffd238c2b5e604712c2df","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-46","next":"us-sd/sdcl-58-5-48"},"notice":"GroundRules: Original legal text. Not legal advice."}