South Dakota Codified Laws 58-33-34. Directorship in two or more insurers permitted
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Any person otherwise qualified may be director of two or more insurers which are competitors, unless the effect thereof is to lessen substantially competition between insurers generally or tends materially to create a monopoly.
Terms Used In South Dakota Codified Laws 58-33-34
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1966, ch 111, ch 13, § 19 (2).