reglab/housing_qa huggingface dataset:
SD Codified L § 58-35-1 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-1 - Application of chapter.

58-35-1. Application of chapter.This chapter applies to:(1)All domestic mutual hail, fire, and other casualty insurers of farm property and stock and rural buildings formed before July 1, 1966, and immediately prior to said date lawfully transacting business under sections 31.2701 through 31.2812, 31.2918, 31.3001 through 31.3010, and amendments thereto, of the South Dakota Code of 1939; and(2)All insurers formed after June 30, 1966, under this chapter. Source: SL 1966, ch 111, ch 17, §1 (1).
SD Codified L § 58-35-2 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-2 - Farm mutual insurers subject to chapter.

58-35-2. Farm mutual insurers subject to chapter.All insurers described in §58-35-1 may be referred to as "farm mutual insurers." Source: SL 1966, ch 111, ch 17, §1 (2).
SD Codified L § 58-35-3 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-3 - "State mutual insurer" defined.

58-35-3. State mutual insurer defined.An insurer authorized to insure property throughout the state, but including personal property temporarily removed therefrom, is a "state mutual insurer." Source: SL 1966, ch 111, ch 17, §2 (1).
SD Codified L § 58-35-4 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-4 - "County mutual insurer" defined--Continuation of prior business in noncontiguous counties.

58-35-4. County mutual insurer defined--Continuation of prior business in noncontiguous counties permitted--Exceptions.An insurer authorized to insure only property located in the county of its principal office and in those counties contiguous to the county of its principal office in this state, but including personal property temporarily removed therefrom, is a "county mutual insurer." However, those county farm mutuals insuring property located in noncontiguous counties as of August 25, 1978, may continue to insure property located in those noncontiguous counties served as of August 25, 1978, upon registration prior to January 1, 1980, with the director. The director of the Division of Insurance may permit a county farm mutual which otherwise does not meet the requirements of this section to insure property located in counties which would be considered noncontiguous to its home office subsequent to August 25, 1978, if, after a hearing, he finds that the violation of this section occurs because of a merger or consolidation consummated subsequent to August 25, 1978, as a result of bona fide negotiations begun prior to August 25, 1978, provided that the hearing is held prior to January 1, 1980. Source: SL 1966, ch 111, ch 17, §2 (2); SL 1979, ch 341, §22.
SD Codified L § 58-35-5 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-5 - Incorporators--Number and property ownership required for state mutual insurer.

58-35-5. Incorporators--Number and property ownership required for state mutual insurer.One hundred or more individuals residing in this state, each of whom is at least twenty-one years of age, who collectively own farm property as referred to in §58-35-29 valued at not less than five hundred thousand dollars which they desire to insure, and each of whom owns farm or ranch land situated in this state valued at not less than five thousand dollars, may incorporate as a state mutual insurer. Source: SL 1966, ch 111, ch 17, §7 (1).
SD Codified L § 58-35-6 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-6 - Incorporators--Number and property ownership required for county mutual insurer.

58-35-6. Incorporators--Number and property ownership required for county mutual insurer.Twenty-five or more individuals residing in this state, each of whom is an adult and owns farm or ranch land valued at not less than five thousand dollars located in the county of the principal office of the proposed insurer, or any county contiguous to the county of the principal office and who collectively own, in such counties, farm property referred to in §58-35-29 valued at not less than one hundred twenty-five thousand dollars which they desire to insure, may incorporate as a county mutual insurer. Source: SL 1966, ch 111, ch 17, §7 (2); SL 1979, ch 341, §23.
SD Codified L § 58-35-7 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-7 - Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution.

58-35-7. Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution.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(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.
SD Codified L § 58-35-8 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-8 - Articles of incorporation--Contents.

58-35-8. Articles of incorporation--Contents.The articles of incorporation required by §58-35-7 shall state:(1)The name of the corporation, which shall include the words "farm mutual" and if a county mutual insurer the name of the county of its principal place of business;(2)If a county mutual insurer, the name of the counties in which the corporation intends to do business and the address of its principal business office;(3)If a state mutual insurer, the location of its principal business office, which must be located in this state;(4)The purposes for which the corporation is formed;(5)If it will transact business on a cash premium plan or an assessment plan;(6)The duration of its existence, which may be perpetual;(7)The number of its directors, which shall be not less than five nor more than eleven; the names and addresses of the persons constituting the initial board of directors who shall serve until the first annual meeting of the members, and until their successors are elected and qualified; and(8)The names, residences and addresses of the incorporators and the value of their property desired to be insured. Source: SL 1966, ch 111, ch 17, §8 (2).
SD Codified L § 58-35-9 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-9 - Fee for filing articles of incorporation.

58-35-9. Fee for filing articles of incorporation.At the time of filing the proposed articles of incorporation, the incorporators shall submit a fee of twenty-five dollars payable to the division and the applicable filing fee payable to the secretary of state. Source: SL 1966, ch 111, ch 17, §8 (3); SL 1993, ch 369, §2.
SD Codified L § 58-35-10 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-10 - Articles of incorporation--Approval and endorsement by attorney general.

58-35-10. Articles of incorporation--Approval and endorsement by attorney general.After the director approves the articles of incorporation, he shall submit the proposed articles of incorporation to the attorney general for examination. If the attorney general finds that the articles comply with the provisions of this chapter, and the Constitution and laws of the United States and of this state, he shall endorse his approval thereon and return the proposed articles to the director. The director shall submit the original and two copies to the secretary of state for approval. If the secretary of state finds that the articles of incorporation comply with the corporate laws, he shall endorse his approval thereon, retain the original and return a copy to the incorporators and a copy to the division. Source: SL 1966, ch 111, ch 17, §9 (1); SL 1993, ch 369, §3.
SD Codified L § 58-35-11 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-11 - Misleading name of proposed corporation--Rejection by director.

58-35-11. Misleading name of proposed corporation--Rejection by director.If the director deems the name of the proposed corporation to be so similar to one already appropriated by another company as to be likely to mislead the public, he shall reject the name applied for and shall notify the incorporators thereof. Source: SL 1966, ch 111, ch 17, §9 (2).
SD Codified L § 58-35-13 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-13 - Transaction of business without certificate of authority as misdemeanor.

58-35-13. Transaction of business without certificate of authority as misdemeanor.The corporation shall not transact business as an insurer until it has received a certificate of authority as provided in this chapter. Violation of this section is a Class 2 misdemeanor. Source: SL 1966, ch 111, ch 17, §9 (4); SL 1978, ch 359, §2.
SD Codified L § 58-35-14 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-14 - Amendment of articles of incorporation.

58-35-14. Amendment of articles of incorporation.A farm mutual insurer may, by a two-thirds vote of those present in person or, if authorized by the bylaws, by proxy, at any annual meeting, or at any special meeting of members called for that purpose, amend its articles of incorporation to extend its corporate existence or in any particular within the scope of this chapter, by causing amended articles to be filed in the same form and manner as required for original articles of incorporation. The amended articles of incorporation shall be signed only by the president and secretary of the corporation. Notice of the proposed amendment, or a summary of the changes to be effected thereby, shall be contained in the notice given of such annual or special meeting, and any number of amendments may be submitted to the members, and voted upon by them, at one meeting. Source: SL 1966, ch 111, ch 17, §10; SL 1967, ch 129, §4.
SD Codified L § 58-35-15 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-15 - Qualifications of state mutual insurer for certificate of authority.

58-35-15. Qualifications of state mutual insurer for certificate of authority.When applying for an original certificate of authority, a state mutual insurer must be otherwise qualified therefor under this title, and it must have received acceptable applications from one hundred persons, each for substantial insurance, aggregating at least five hundred thousand dollars; and such applicants must have given to the insurer the obligations referred to in §58-35-41, or paid the premium required, subject to the insurer qualifying to transact insurance. Source: SL 1966, ch 111, ch 17, §11 (2).
SD Codified L § 58-35-16 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-16 - Qualifications of county mutual insurer for certificate of authority.

58-35-16. Qualifications of county mutual insurer for certificate of authority.When applying for an original certificate of authority, a county mutual insurer must be otherwise qualified therefor under this title, and it must have received acceptable applications from twenty-five persons for substantial insurance, aggregating at least one hundred thousand dollars; and such applicants must have given to the insurer the obligations referred to in §58-35-41, or paid the premium required, subject to the insurer qualifying to transact insurance. Source: SL 1966, ch 111, ch 17, §11 (1).
SD Codified L § 58-35-17 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-17 - Certificate of authority to insure against hail--Required qualifications to obtain.

58-35-17. Certificate of authority to insure against hail--Required qualifications to obtain.When applying for an original certificate of authority to insure growing crops against loss by hail, the insurer must be otherwise qualified therefor under this title, and it must have received applications for such insurance from not less than one hundred persons owning in the aggregate not less than five thousand acres of grain; and each such applicant must have given to the insurer the obligations referred to in §58-35-41, or paid the premium required subject to the insurer qualifying to transact insurance. Source: SL 1966, ch 111, ch 17, §11 (3).
SD Codified L § 58-35-18 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-18 - Issuance of certificate of authority--Continuation--Termination.

58-35-18. Issuance of certificate of authority--Continuation--Termination.Upon application, the director shall issue such a certificate of authority to every insurer qualified therefor under this chapter. The certificate of authority shall continue, unless revoked or otherwise terminated. Source: SL 1966, ch 111, ch 17, §12 (1); SL 2004, ch 297, §2.
SD Codified L § 58-35-19 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-19 - Fees for certificate of authority.

58-35-19. Fees for certificate of authority.The insurer shall pay to the director the fees specified in §58-2-29 for each issuance and renewal of its certificate of authority. Source: SL 1966, ch 111, ch 17, §12 (2).
SD Codified L § 58-35-20 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-20 - Suspension or revocation of certificate of authority--Grounds.

58-35-20. Suspension or revocation of certificate of authority--Grounds.A certificate of authority shall be subject to suspension or revocation by the director for violation of or noncompliance with any law of this state. Source: SL 1966, ch 111, ch 17, §12 (3).
SD Codified L § 58-35-21 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-21 - Bylaws--Making and approval--Modification.

58-35-21. Bylaws--Making and approval--Modification.The initial board of directors of a farm mutual insurer shall adopt such bylaws as may be deemed necessary for the management of its affairs. The bylaws shall be subject to the approval of the insurer's members at their next succeeding meeting by a two-thirds vote of those present in person or, if authorized by the bylaws, by proxy. The members shall otherwise have the power to make, modify, and revoke bylaws. Source: SL 1966, ch 111, ch 17, §13.
SD Codified L § 58-35-22 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-22 - Contents of bylaws.

58-35-22. Contents of bylaws.The bylaws of a farm mutual insurer shall provide:(1)The extent of liability of each member for payment of the expenses and losses of the insurer;(2)The time when obligations of members for losses and expenses become due;(3)The terms of office of the directors; at least part of the directors shall be elected at each annual meeting of members, and the term of any director shall not be longer than three years;(4)The date of the annual meeting of the members. Each member shall be permitted to cast at least one vote, either in person or, if authorized by the bylaws, by proxy, for each director to be elected and upon any other matter;(5)The method of selecting directors in event of resignation, disability, or death; and(6)The method of giving notice of annual and special meetings of members. Source: SL 1966, ch 111, ch 17, §14 (1).
SD Codified L § 58-35-23 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-23 - Filing of bylaws--Disapproval by director.

58-35-23. Filing of bylaws--Disapproval by director.The insurer shall promptly file with the director two certified copies of its bylaws and all amendments thereto. The director at the time of filing or at any time thereafter may disapprove any bylaw provision deemed by him to be unlawful, unreasonable, inadequate, unfair, or detrimental to the proper interests or protection of the insurer's members or any class thereof. Source: SL 1966, ch 111, ch 17, §14 (2); SL 1993, ch 369, §5.
SD Codified L § 58-35-24 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-24 - Minimum number of members.

58-35-24. Minimum number of members.The total membership of the insurer shall at all times be not less than the number of persons required by §58-35-5 or 58-35-6 to incorporate such an insurer. Source: SL 1966, ch 111, ch 17, §15.
SD Codified L § 58-35-25 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-25 - Directors--Election--Term of office.

58-35-25. Directors--Election--Term of office.Directors of a farm mutual insurer shall be elected by its members by ballot for terms not to exceed three years, and shall hold office until their respective successors are elected and qualified. Source: SL 1966, ch 111, ch 17, §18 (1).
SD Codified L § 58-35-26 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-26 - Qualification of directors.

58-35-26. Qualification of directors.No individual shall serve as a director of a farm mutual insurer unless a member of the insurer. Source: SL 1966, ch 111, ch 17, §18 (2).
SD Codified L § 58-35-27 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-27 - Officers--Election--Term of office.

58-35-27. Officers--Election--Term of office.The board of directors of an insurer shall elect from their number a president and vice-president. The board shall also elect a secretary and treasurer or a secretary-treasurer of the insurer. Officers shall hold their offices for one year, and until their successors are elected and qualified. Source: SL 1966, ch 111, ch 17, §19.
SD Codified L § 58-35-28 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-28 - Bonds of treasurer and secretary.

58-35-28. Bonds of treasurer and secretary.The treasurer and secretary of an insurer shall each give bond to the insurer for the faithful performance of his duties, in such amount as is designated by the board of directors. Any such bond shall be issued by an authorized corporate surety. Source: SL 1966, ch 111, ch 17, §20.
SD Codified L § 58-35-29 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-29 - Property insurable by farm mutual.

58-35-29. Property insurable by farm mutual.A farm mutual insurer shall only insure the following described property against loss or damage by fire or other casualty:(1)Farm dwellings and buildings, including the usual contents therein, livestock, farm machinery, growing crops, and other forms of farm property;(2)Dwellings designed for occupancy by not over two families, including the usual contents thereof, and private structures;(3)Churches, schools, and community buildings including the usual contents thereof;(4)The usual and customary possessions of the occupants of multi-family dwellings; and(5)Personal property used in a solely-owned business activity conducted on the insured premises, including property held for resale if the insured property is covered by reinsurance.For purposes of this chapter any policy written by a farm mutual insurer is considered a personal lines policy. Source: SL 1966, ch 111, ch 17, §3 (1); SL 1979, ch 341, §24; SL 1992, ch 60, §2; SL 1993, ch 370, §1; SL 2004, ch 297, §3.
SD Codified L § 58-35-29.1 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-29.1 - Living expenses and fire department service charges incidental to casualty insurance.

58-35-29.1. Living expenses and fire department service charges incidental to casualty insurance.A farm mutual insurer may, in connection with policies covering property insured under §58-35-29, afford coverage for additional expenses or loss of use resulting from fire or other casualty rendering the insured property unusable, and coverage for an insured's liability, assumed by contract or agreement, for fire department service charges. Source: SL 1972, ch 267; SL 1993, ch 370, §2.
SD Codified L § 58-35-30 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-30 - Insurance of property not owned by member or spouse prohibited--Exceptions.

58-35-30. Insurance of property not owned by member or spouse prohibited--Exceptions.No insurer may insure any property not owned by a member or by his spouse except for the following:(1)Property described in subdivision 58-35-29(3); and(2)Personal property in the care, custody, and control of a member or his spouse. Source: SL 1966, ch 111, ch 17, §3 (2); SL 1992, ch 356.
SD Codified L § 58-35-32 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-32 - Insurance on churches, schools, and community buildings.

58-35-32. Insurance on churches, schools, and community buildings.No contract of insurance covering any church, school, or community building referred to in §58-35-29 shall be invalid because any director or officer of the insurer was or is a trustee, director, agent, custodian, or manager or in any way in control, supervision, or management of any or all of the property so insured. Source: SL 1966, ch 111, ch 17, §29.
SD Codified L § 58-35-32.1 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-32.1 - Liability insurance issued by state insurers--Medical and disability benefits--Snowmobiles.

58-35-32.1. Liability insurance issued by state insurers--Medical and disability benefits--Snowmobiles.A state mutual insurer may issue policies of insurance insuring against legal liability for the death, injury, or disability of any human being, or for damage to property, excluding liability, loss, or expense resulting from or incidental to the ownership, maintenance, or use of aircraft or motor vehicles normally operated, intended to be operated, or designed primarily for use upon highways, roads, or streets; and provision may be included in such policies for medical, hospital, surgical, and disability benefits to injured persons and funeral and death benefits to dependents, beneficiaries, or personal representatives of persons killed, irrespective of legal liability of the insured, when issued as incidental coverage with or supplemental to such liability insurance. A state mutual insurer may insure snowmobiles whether used on or off premises, but the insurance covering off premises usage shall comply with chapter 32-35 and must be offered at a limit specified in a separately written and approved endorsement or policy. Source: SL 1970, ch 272; SL 1991, ch 406.
SD Codified L § 58-35-33 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 35 - Farm Mutual Insurers|Section 58-35-33 - Withdrawal from membership--Surrender of policy for cancellation--Payment of obligations.

58-35-33. Withdrawal from membership--Surrender of policy for cancellation--Payment of obligations.Any member of an insurer may withdraw therefrom by surrendering his policy to the insurer for cancellation and paying all obligations then owing by him to the insurer. Source: SL 1966, ch 111, ch 17, §17 (1).