South Dakota Statutes
§ 58-27-40 — Purchase money mortgage or other securities received by insurer upon sale or exchange of real property.
South Dakota § 58-27-40
This text of South Dakota § 58-27-40 (Purchase money mortgage or other securities received by insurer upon sale or exchange of 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 § 58-27-40 (2026).
Text
An insurer may invest any of its funds in purchase money mortgages or like securities received by it upon the sale or exchange of real property acquired pursuant to § 58-27-50 .
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Legislative History
SL 1966, ch 111, ch 6, § 24 (3).
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-27-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-40.