South Dakota Statutes

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

South Dakota·Title 58 INSURANCE·Ch. 58-4A INSURANCE HOLDING COMPANIES
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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South Dakota § 58-5A-16 (Acquisitions exempt from information and approval requirements by order of director.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1972, ch 267, § 11 (3).

Nearby Sections

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