South Dakota Statutes

§ 58-34-11 — Deposit in lieu of bond.

South Dakota·Title 58 INSURANCE·Ch. 58-34 RECIPROCAL INSURERS
In lieu of the bond required under § 58-34-8 , the attorney may maintain on deposit through the office of the director, a like amount of cash or of securities eligible for deposit under §§ 58-7-8 to 58-7-10 , inclusive, and subject to the same conditions as the bond.

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Legislative History

SL 1966, ch 111, ch 19, § 13.

Nearby Sections

15
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