South Dakota Statutes

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

South Dakota § 58-26-4
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-26VALUATION OF ASSETS, LIABILITIES AND RESERVES

This text of South Dakota § 58-26-4 (Preferred or guaranteed stocks--Method of computing value approved by director.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-26-4 (2026).

Text

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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Legislative History

SL 1966, ch 111, ch 5, § 13 (2).

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Bluebook (online)
South Dakota § 58-26-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-26-4.