South Dakota Statutes
§ 58-27-12.1 — Maximum investments in bonds, warrants, and evidence of indebtedness.
South Dakota § 58-27-12.1
This text of South Dakota § 58-27-12.1 (Maximum investments in bonds, warrants, and evidence of indebtedness.) 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 § 58-27-12.1 (2026).
Text
An insurer may invest up to twenty percent of its admitted assets in any bonds, warrants, or evidence of indebtedness described in §§ 58-27-11 and 58-27-12 and not rated pursuant to § 58-27-108 . The valuation of such investments shall be the amortized cost of the investments or the market value of the investments, whichever is less.
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Legislative History
SL 2004, ch 309, § 1.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-27-12.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-12.1.