{"schema_version":"secwatch.filing_event.v1","accession":"0000939057-24-000006","form_type":"8-K","ticker":"SFDL","cik":"0000818677","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.998522+00:00","generated_at":"2026-06-07T01:11:01.268547+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Security Federal removes 70.5 age limit for officers in bylaw amendment","bullets":["Board approved deletion of Article V, Section 12 (Age Limitation – Officers) from Bylaws, effective January 4, 2024.","Previously, officers were subject to a 70.5-year age limit; the provision is eliminated entirely.","No fiscal year change or other bylaw amendments reported."],"urls":{"canonical":"https://secwatch.observer/filing/0000939057-24-000006","json":"https://secwatch.observer/filing/0000939057-24-000006.json","markdown":"https://secwatch.observer/filing/0000939057-24-000006.md","text":"https://secwatch.observer/filing/0000939057-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000006/0000939057-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000006/8k142024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T01:11:01.268547+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f1535680db20e758ba6ebfb8197c2b208151cccd","claim":"SECURITY FEDERAL CORP: Deleted Article V, Section 12 - Age Limitation for Officers, which set an age limit of 70 1/2 years old.","evidence_excerpt":"Security Federal Corporation (“Company”)’s Board of Directors approved an amendment of its Bylaws to delete in its entirety Article V – Officers – Section 12. Age Limitation – Officers , which previously contained an age limit of 70 1⁄2 years old for officers of the Company. This amendment is effective immediately.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000006/0000939057-24-000006-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}