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Code · South Dakota · Title 58 · Chapter 58-5

58-5-6. Incorporators--Number and qualifications.

49 words·~1 min read·/sd/title-58/chapter-58-5/58-5-6

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Five or more individuals may incorporate as a stock insurer; ten or more individuals may incorporate as a mutual insurer. The incorporators shall be citizens of the United States, at least twenty - one years of age, and a majority of the incorporators shall be residents of this state.
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