South Dakota Statutes

§ 58-27-28 — Equipment trust obligations or certificates.

South Dakota § 58-27-28
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27LOANS AND INVESTMENTS OF INSURERS

This text of South Dakota § 58-27-28 (Equipment trust obligations or certificates.) 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 § 58-27-28 (2026).

Text

An insurer may invest in equipment trust obligations or certificates adequately secured and evidencing an interest in transportation equipment, wholly or in part within the United States of America, which obligations or certificates carry the right to receive determined portions of rental, purchase, or other fixed obligatory payments to be made for the use or purchase of such transportation equipment.

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Legislative History

SL 1966, ch 111, ch 6, § 12 (5).

Nearby Sections

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Bluebook (online)
South Dakota § 58-27-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-28.