South Dakota Statutes

§ 58-7-26 — Sufficiency of deposit--Valuation of assets.

South Dakota § 58-7-26
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CINSURERS' DEPOSITS WITH STATE

This text of South Dakota § 58-7-26 (Sufficiency of deposit--Valuation of assets.) 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 § 58-7-26 (2026).

Text

For the purpose of determining the sufficiency of its deposit in this state the assets and securities of the insurer on deposit shall be valued at current market value except bonds which may, in the discretion of the director, be valued as provided in § 58-26-2 .

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Legislative History

SL 1966, ch 111, ch 7, § 13 (1); SL 1969, ch 134.

Nearby Sections

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Bluebook (online)
South Dakota § 58-7-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-26.