South Dakota Codified Laws 58-5-134. Merger or consolidation of mutual insurers–Procedure
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A domestic mutual insurer may merge or consolidate with another insurer under the applicable procedures prescribed by the statutes of this state applying to corporations formed for profit, subject to the provisions of §§ 58-5-135 and 58-5-136.
Terms Used In South Dakota Codified Laws 58-5-134
- 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
Source: SL 1966, ch 111, ch 16, § 39 (2); SL 1982, ch 352, § 2; SL 1983, ch 371, § 2.