58-35-25. Directors--Election--Term of office.
33 words·~1 min read·
/sd/title-58/chapter-58-35/58-35-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.