South Dakota § 58-5-162 - Corporate governance disclosure--Requirements and limitations.

Full text of South Dakota South Dakota Codified Laws § 58-5-162 — Corporate governance disclosure--Requirements and limitations., with citation guidance and answers to common questions.

§ 58-5-162. Corporate governance disclosure--Requirements and limitations.

Nothing in §§  58-5-161 to 58-5-171 , inclusive, may be construed to prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law.

Nothing in §§  58-5-161 to 58-5-171 , inclusive, may be construed to limit the director’s authority, or the rights or obligations of third parties, under chapter 58-3 . The requirements in §§  58-5-161 to 58-5-171 , inclusive, apply to all insurers domiciled in this state.

Source: SL 2020, ch 212, § 2.

Source: official South Dakota text · Last verified 2026-08-27

Frequently Asked Questions About South Dakota § 58-5-162

What does South Dakota Codified Laws § 58-5-162 cover?

Section 58-5-162 ("Corporate governance disclosure--Requirements and limitations.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite South Dakota § 58-5-162?

A common citation format is "South Dakota Codified Laws § 58-5-162" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of South Dakota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.

How does South Dakota § 58-5-162 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.