South Dakota Statutes

§ 58-27-65 — Finding of director that security designed to evade chapter--Investment or loan prohibited.

South Dakota § 58-27-65
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27LOANS AND INVESTMENTS OF INSURERS

This text of South Dakota § 58-27-65 (Finding of director that security designed to evade chapter--Investment or loan prohibited.) 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 § 58-27-65 (2026).

Text

In addition to investments excluded pursuant to other provisions of this title, an insurer shall not invest in or lend its funds upon the security of any investment or security which is found by the director to be designed to evade any prohibition of this chapter.

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Legislative History

SL 1966, ch 111, ch 6, § 34 (1) (b).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-27-65, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-65.