South Dakota Codified Laws 58-35-7. Declaration of intent to incorporate, filing–Proposed articles of incorporation, execution
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The individuals proposing to form a farm mutual insurer as referred to in § 58-35-5 or 58-35-6 shall file with the director:
(1) A declaration of their intention to form such a corporation signed by at least one hundred incorporators if a proposed state mutual insurer, or by at least twenty–five incorporators if a proposed county mutual insurer; and
Terms Used In South Dakota Codified Laws 58-35-7
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
(2) The original and two copies with original signatures of the proposed articles of incorporation signed by three or more of the incorporators and notarized.
Source: SL 1966, ch 111, ch 17, § 8 (1); SL 1993, ch 369, § 1.