South Dakota Statutes
§ 58-7-30 — Right of insurer to deposited assets and securities during solvency.
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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South Dakota § 58-7-30 (Right of insurer to deposited assets and securities during solvency.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.