South Dakota Statutes

§ 58-5A-16 — Acquisitions exempt from information and approval requirements by order of director.

South Dakota § 58-5A-16
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-16 (Acquisitions exempt from information and approval requirements by order of director.) 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 § 58-5A-16 (2026).

Text

The provisions of §§ 58-5A-3 to 58-5A-13 , inclusive, shall not apply to any offer, request, invitation, agreement, or acquisition which the director by order shall exempt therefrom as not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer, or as otherwise not comprehended within the purposes of this chapter.

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Legislative History

SL 1972, ch 267, § 11 (3).

Nearby Sections

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Bluebook (online)
South Dakota § 58-5A-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-16.