South Dakota Statutes
§ 58-7-30 — Right of insurer to deposited assets and securities during solvency.
South Dakota § 58-7-30
This text of South Dakota § 58-7-30 (Right of insurer to deposited assets and securities during solvency.) 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 § 58-7-30 (2026).
Text
While the insurer remains solvent and is in compliance with this title it may:
(1)Demand, receive, sue for, and recover the income from the assets or securities deposited;
(2)Exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and (3) At any reasonable time inspect any such deposit.
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Legislative History
SL 1966, ch 111, ch 7, § 10.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-7-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-30.