South Dakota Statutes

§ 58-37A-21 — Authorized investments.

South Dakota § 58-37A-21
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-37AFRATERNAL BENEFIT SOCIETIES

This text of South Dakota § 58-37A-21 (Authorized 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 § 58-37A-21 (2026).

Text

A society shall invest its funds only in the investments that are authorized by the laws of this state for the investment of assets of life insurers and subject to the same limitations. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country, or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.

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Legislative History

SL 1990, ch 410, § 21.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-37A-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-37A-21.