South Dakota Statutes

§ 58-5A-74 — Determining whether investments meet applicable requirements.

South Dakota § 58-5A-74
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-74 (Determining whether investments meet applicable requirements.) 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-74 (2026).

Text

Whether any investment pursuant to § 58-5A-73 meets the applicable requirements of that section is to be determined before the investment is made, by calculating the applicable investment limitations as though the investment had already been made, taking into account the then outstanding principal balance on all previous investments in debt obligations, and the value of all previous investments in equity securities as of the day they were made, net of any return of capital invested, not including dividends.

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Legislative History

SL 1992, ch 341, § 25.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5A-74, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-74.