S.D. Codified Laws § 58-35-27
Current with legislation signed by the governor on or before 3/6/2024
The board of directors of an insurer shall elect from their number a president and vice-president. The board shall also elect a secretary and treasurer or a secretary-treasurer of the insurer. Officers shall hold their offices for one year, and until their successors are elected and qualified.
SDCL 58-35-27