South Dakota Statutes

§ 58-26-7 — Appraisal for valuation of other real property.

South Dakota § 58-26-7
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-26VALUATION OF ASSETS, LIABILITIES AND RESERVES

This text of South Dakota § 58-26-7 (Appraisal for valuation of other real property.) 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 § 58-26-7 (2026).

Text

Real property held by an insurer, other than that described in § 58-26-5 , shall not be valued at an amount in excess of fair value as determined by recent appraisal. If valuation is based on an appraisal more than three years old, the director may at his discretion call for and require a new appraisal in order to determine fair value.

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Legislative History

SL 1966, ch 111, ch 5, § 14 (2).

Nearby Sections

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Bluebook (online)
South Dakota § 58-26-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-26-7.