South Dakota Statutes
§ 58-7-8 — Certificates of deposit--Eligible securities--Purpose of deposits.
South Dakota § 58-7-8
This text of South Dakota § 58-7-8 (Certificates of deposit--Eligible securities--Purpose of deposits.) 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 § 58-7-8 (2026).
Text
All such deposits required under §§ 58-6-33 to 58-6-35 , inclusive, for authority to transact insurance in this state shall consist of certificates of deposit, or any combination of securities of the kinds described in §§ 58-27-9 , 58-27-11 , 58-27-12 , 58-27-14 , and 58-27-15 . Deposits made in this state under §§ 58-6-33 to 58-6-35 , inclusive, shall be held for the purpose stated in § 58-6-34 .
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Legislative History
SL 1966, ch 111, ch 7, §§ 3 (1), 4 (1).
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-7-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-8.