South Dakota Statutes

§ 58-5A-43 — Acquisition of subsidiaries--Limitations.

South Dakota·Title 58 INSURANCE·Ch. 58-4A INSURANCE HOLDING COMPANIES
Any domestic insurer, either by itself or in cooperation with one or more persons, may organize or acquire one or more subsidiaries with the approval of the director and within those acquisitions allowed by this title as long as the aggregate investment by the insurer and its subsidiaries acquired or organized do not exceed the limitations applicable to the investment.

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South Dakota § 58-5A-43 (Acquisition of subsidiaries--Limitations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1992, ch 341, § 2.

Nearby Sections

15
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