South Dakota Statutes

§ 58-27-82 — Participation in federal reserve book

South Dakota·Title 58 INSURANCE·Ch. 58-27 LOANS AND INVESTMENTS OF INSURERS
A company may participate through a member bank in the federal reserve book - entry system and the records of the member bank shall at all times show that the investments are held for the company or for specific accounts of the company.

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Legislative History

SL 1983, ch 377, § 5.

Nearby Sections

15
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