South Dakota Statutes

§ 58-28-27 — Affiliated insurer measured by factors applicable to parent.

South Dakota·Title 58 INSURANCE·Ch. 58-27 SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS
If the insurer is a subsidiary of an admitted life insurer, or affiliated with such insurer through common management or ownership, it may be deemed by the director to have met the provisions of §§ 58-28-25 and 58-28-26 if either it or the parent or the affiliated insurer meets the requirements hereof.

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South Dakota § 58-28-27 (Affiliated insurer measured by factors applicable to parent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1971, ch 266, § 3.

Nearby Sections

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