South Dakota Statutes

§ 58-7-12 — Deposits of foreign insurers--Assets comprising--Holding for purposes required by law and as specified by director.

South Dakota·Title 58 INSURANCE·Ch. 58-5C INSURERS' DEPOSITS WITH STATE
Deposits of foreign insurers made under this title shall consist of such assets as are required by the director. Deposits required pursuant to this title shall be held for such purposes as is required by such law, and as specified by the director's order requiring such deposit to be made.

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South Dakota § 58-7-12 (Deposits of foreign insurers--Assets comprising--Holding for purposes required by law and as specified by director.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 7, §§ 3 (4), 4 (4); SL 1991, ch 398, § 5.

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