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.