South Dakota Statutes

§ 58-27-51.3 — Additional investment authority--Valuation of investments.

South Dakota § 58-27-51.3
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27LOANS AND INVESTMENTS OF INSURERS

This text of South Dakota § 58-27-51.3 (Additional investment authority--Valuation of investments.) 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 § 58-27-51.3 (2026).

Text

Any investment purchased and held pursuant to § 58-27-51.1 or 58-27-51.2 shall be valued in accordance with chapters 58-26 and 58-27 or in accordance with the methods established by the National Association of Insurance Commissioners. If valuation methods are not prescribed by chapter 58-26 or 58-27 , or the National Association of Insurance Commissioners has not established a valuation method for any investment, the investment must be valued at the lower of cost or market.

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Legislative History

SL 1997, ch 294, § 13.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-27-51.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-51.3.