South Dakota Statutes

§ 58-5-111 — Repayment of loan by domestic insurer.

South Dakota § 58-5-111
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-111 (Repayment of loan by domestic insurer.) 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 § 58-5-111 (2026).

Text

Any loan pursuant to § 58-5-108 or substantial portion thereof shall be repaid by the insurer, upon the director's prior approval, when no longer reasonably necessary for the purpose originally intended.

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Legislative History

SL 1966, ch 111, ch 16, § 34 (4).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-111.