South Dakota Statutes

§ 58-27-4 — Prior legal investment deemed eligible.

South Dakota·Title 58 INSURANCE·Ch. 58-27 LOANS AND INVESTMENTS OF INSURERS
Any particular investment held by an insurer on July 1, 1997, and which was a legal investment at the time it was made, and which the insurer was legally entitled to possess immediately prior to July 1, 1997 shall be deemed to be an eligible investment.

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South Dakota § 58-27-4 (Prior legal investment deemed eligible.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 2 (2); SL 1997, ch 294, § 2.

Nearby Sections

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