Farm mutual insurers in South Dakota can now have between 5 and 15 directors on their board, up from the previous maximum of 11. The bill also clarifies that only members of the insurer or its affiliate companies can serve as directors, while making minor language updates to the incorporation requirements for these insurers.
Signed by the Governor H.J. 496
Delivered to the Governor H.J. 480
Signed by the President S.J. 434
Signed by the Speaker H.J. 462
Senate Do Pass Passed, YEAS 33, NAYS 0. S.J. 399
Commerce and Energy Certified uncontested, placed on consent S.J. 13
Commerce and Energy Do Pass Passed, YEAS 7, NAYS 0. S.J. 13
Commerce and Energy Scheduled for hearing
Senate Referred to Senate Commerce and Energy S.J. 199
First Reading Senate S.J. 182
House of Representatives Do Pass Passed, YEAS 65, NAYS 2. H.J. 208
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Passed, YEAS 13, NAYS 0.
Commerce and Energy Scheduled for hearing
House of Representatives Referred to House Commerce and Energy H.J. 136
First Reading House H.J. 124
Prime sponsor · Sen.
R
Prime sponsor · Rep.
R
Do Pass
Commerce and Energy — Do Pass
Do Pass
Commerce and Energy — Do Pass