South Dakota § 58-7-6 Authorized deposits of insurers.

South Dakota Statutes

§ 58-7-6 — Authorized deposits of insurers.

South Dakota § 58-7-6

Title 58INSURANCE

Ch. 58-5CINSURERS' DEPOSITS WITH STATE

This text of South Dakota § 58-7-6 (Authorized deposits of insurers.) 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 § 58-7-6 (2026).

Text

The following deposits of insurers shall be accepted and held, and are subject to the provisions of this chapter:

(1)Deposits required under this title for authority to transact insurance business in this state;

(2)Deposits of domestic insurers if made pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in that state, province, or country;

(3)Deposits of reserves made by domestic insurers;

(4)Deposits in additional amounts as are permitted to be made under § 58-7-29 .

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The following deposits of insurers shall be accepted and held, and are subject to the provisions of this chapter: (1) Deposits required under this title for authority to transact insurance business in this state; (2) Deposits of domestic insurers if made pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in that state, province, or country; (3) Deposits of reserves made by domestic insurers; (4) Deposits in additional amounts as are permitted to be made under § 58-7-29 .