South Dakota Statutes

§ 58-5-73 — Exemption from insider trading restrictions.

South Dakota·Title 58 INSURANCE·Ch. 58-4A ORGANIZATION AND GENERAL POWERS OF INSURERS
Sections 58-5-68 to 58-5-78 , inclusive, shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction which the director of the Division of Insurance by rules and regulations may exempt as not comprehended within the purpose of said sections.

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Legislative History

SL 1966, ch 111, ch 16, § 27 (2).

Nearby Sections

15
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