South Dakota Statutes

§ 58-27-26 — Investments in stock of majority owned subsidiary corporations.

South Dakota·Title 58 INSURANCE·Ch. 58-27 LOANS AND INVESTMENTS OF INSURERS
With the consent of the director of the Division of Insurance, an insurer may invest in the stock of its majority owned subsidiary insurance corporation; or in the stock of any other majority owned corporation.

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South Dakota § 58-27-26 (Investments in stock of majority owned subsidiary corporations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 16; SL 1969, ch 130; SL 1983, ch 376, § 3.

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