South Dakota Statutes

§ 58-26-4 — Preferred or guaranteed stocks--Method of computing value approved by director.

South Dakota·Title 58 INSURANCE·Ch. 58-26 VALUATION OF ASSETS, LIABILITIES AND RESERVES
Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the director and in accordance with such method of computation as he may approve.

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South Dakota § 58-26-4 (Preferred or guaranteed stocks--Method of computing value approved by director.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 5, § 13 (2).

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