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South Dakota Codified Laws
Title 58
Chapter 58-35
S.D. Codified Laws ch. 58-35
Farm Mutual Insurers
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58-35-1
Application of chapter.
58-35-2
Farm mutual insurers subject to chapter.
58-35-3
"State mutual insurer" defined.
58-35-4
"County mutual insurer" defined--Continuation of prior business in noncontiguous counties.
58-35-5
Incorporators--Number and property ownership required for state mutual insurer.
58-35-6
Incorporators--Number and property ownership required for county mutual insurer.
58-35-7
Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution.
58-35-8
Articles of incorporation--Contents.
58-35-9
Fee for filing articles of incorporation.
58-35-10
Articles of incorporation--Approval and endorsement by attorney general.
58-35-11
Misleading name of proposed corporation--Rejection by director.
58-35-12
Repealed
Repealed
58-35-13
Transaction of business without certificate of authority as misdemeanor.
58-35-14
Amendment of articles of incorporation.
58-35-15
Qualifications of state mutual insurer for certificate of authority.
58-35-16
Qualifications of county mutual insurer for certificate of authority.
58-35-17
Certificate of authority to insure against hail--Required qualifications to obtain.
58-35-18
Issuance of certificate of authority--Continuation--Termination.
58-35-19
Fees for certificate of authority.
58-35-20
Suspension or revocation of certificate of authority--Grounds.
58-35-21
Bylaws--Making and approval--Modification.
58-35-22
Contents of bylaws.
58-35-23
Filing of bylaws--Disapproval by director.
58-35-24
Minimum number of members.
58-35-25
Directors--Election--Term of office.
58-35-26
Directors--Qualification.
58-35-27
Officers--Election--Term of office.
58-35-28
Bonds of treasurer and secretary.
58-35-29
Property insurable by farm mutual.
58-35-29.1
Living expenses and fire department service charges incidental to casualty insurance.
58-35-30
Insurance of property not owned by member or spouse prohibited--Exceptions.
58-35-31
Repealed
Repealed
58-35-32
Insurance on churches, schools, and community buildings.
58-35-32.1
Liability insurance issued by state insurers--Medical and disability benefits--Snowmobiles.
58-35-33
Withdrawal from membership--Surrender of policy for cancellation--Payment of obligations.
58-35-34
Repealed
Repealed
58-35-35
Maximum amount of insurance on single risk.
58-35-36
"Single risk" defined.
58-35-37
Cash premium or assessment plan for transacting business.
58-35-38
Cash premium plan--Collection of premiums.
58-35-39
Cash premium plan--Special assessment in case of inadequacy.
58-35-40
Assessment plan insurance--Levy of assessments before or after liability incurred--Collection of initial amount before effective date of insurance.
58-35-41
Application for insurance to be in writing--Advance cash payments.
58-35-42
Application and policy forms filed with director--Disapproval.
58-35-43
Rates--Filing with director not required--Discrimination prohibited.
58-35-44
Reinsurance.
58-35-45
Reinsurance corporation formed by insurers--Procedure.
58-35-46
Risk limitation inapplicable to organization of county mutual insurers for reinsurance purposes.
58-35-47
Investment of funds authorized.
58-35-48
Funds expended for educational purposes--Maximum amount--Statement in annual report.
58-35-49
Claim for loss--Notice in writing--Arbitration.
58-35-50
Directors' and officers' liability for failure to pay claims.
58-35-51
58-35-51 to 58-35-53. Repealed by SL 2004, ch 297, §§ 7 to 9
58-35-54
Annual statement of affairs--Contents and filing.
58-35-55
Failure to file annual statement--Suspension or revocation of certificate of authority.
58-35-56
Annual statement--Presentation at meeting of members.
58-35-57
Application of other provisions.
58-35-58
Provisions exclusive.
58-35-59
Financial reporting standards.
58-35-60
Merger of farm mutual insurers--Plan of merger.
58-35-61
Policyholders to vote on merger plan--Notice of vote.
58-35-62
Approval of plan of merger by majority of voters.
58-35-63
Execution and acknowledgment of articles of merger--Contents of articles.
58-35-64
Filing plan of merger and articles of merger--Approval by director--Reasons for denying hearing.
58-35-65
Notification of disapproval of plan.
58-35-66
Examination of articles of merger by attorney general--Submission to secretary of state.
58-35-67
Approval of articles of merger by secretary of state--Endorsement--Filing--Certificate of merger.
58-35-68
Merger effective upon issuance of certificate.
58-35-69
Surviving corporation exists separate from parties to merger.
58-35-70
Rights, privileges, immunities, and franchises of surviving or new corporation.
58-35-71
Liabilities and obligations of surviving or new corporation.
58-35-72
Articles of incorporation of surviving corporation amended by plan of merger.
58-35-73
Dissolution of farm mutual insurer.
58-35-74
Rights of dissenting members and proxy voters not applicable to mergers.
58-35-75
Division of farm mutual insurers--Plan.
58-35-76
Members to vote on plan of division.
58-35-77
Articles of division of farm mutual--Articles of incorporation--Filing--Application of chapter provisions.
58-35-78
Annual audit--Independent audit--Report--Extension.