South Dakota Statutes

§ 58-7-33 — Duration of deposit of assets and securities.

South Dakota § 58-7-33
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CINSURERS' DEPOSITS WITH STATE

This text of South Dakota § 58-7-33 (Duration of deposit of assets and securities.) 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 § 58-7-33 (2026).

Text

Every deposit made in this state by an insurer pursuant to this title, including assets and securities held in another state under custodial arrangements, shall be held as long as there is outstanding any liability of the insurer as to which the deposit was so required; or if a deposit required under the retaliatory law, §§ 58-6-70 to 58-6-73 , inclusive, the deposit shall be held for so long as the basis of such retaliation exists.

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Legislative History

SL 1966, ch 111, ch 7, § 14 (1); SL 2021, ch 210, § 4.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-7-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-33.