South Dakota § 58-6A-3.9 - Governance standards.
Full text of South Dakota South Dakota Codified Laws § 58-6A-3.9 — Governance standards., with citation guidance and answers to common questions.
§ 58-6A-3.9. Governance standards.
The board of directors shall adopt and disclose governance standards and make the information available electronically through the risk retention group's website or by other means. The risk retention group shall provide the governance standards to members or insureds on request. The adopted governance standards shall include the following:
(1) Concerning the directors of the risk retention group:
(a) A process by which the directors are elected by the owners or insureds;
(b) Qualification standards;
(c) Responsibilities;
(d) Access to management and, as necessary and appropriate, independent advisors;
(e) Compensation; and
(f) Orientation and continuing education;
(2) The policies and procedures that are followed for management succession; and
(3) The policies and procedures that are followed for annual performance evaluation of the board.
Source: SL 2016, ch 232, § 11.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-6A-3.9
What does South Dakota Codified Laws § 58-6A-3.9 cover?
Section 58-6A-3.9 ("Governance standards.") 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 § 58-6A-3.9?
A common citation format is "South Dakota Codified Laws § 58-6A-3.9" (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 § 58-6A-3.9 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.