South Dakota Codified Laws 58-2-3. Qualifications of director
Current as of: 2023 | Check for updates
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The director must have had at least five years of practical experience in one or more of the types of insurance business subject to regulation by the director, or have had other professional and business experience reasonably adequate in character and scope to equip him to discharge the duties and fulfill the responsibilities of the office of director.
Terms Used In South Dakota Codified Laws 58-2-3
- Insurance business: includes the transaction of all matters pertaining to a contract of insurance, both before and after the effectuation of that contract, and all matters arising out of that contract or any claim thereunder. See South Dakota Codified Laws 58-1-2
Source: SL 1966, ch 111, ch 2, § 3.