South Dakota Codified Laws 58-27-24. Stock of solvent insurers meeting requirements
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An insurer may invest in the stocks of other solvent insurers formed under the laws of this or another state, which stocks meet the applicable requirements of subdivision 58-27-17(5) and § 58-27-23.
Terms Used In South Dakota Codified Laws 58-27-24
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
Source: SL 1966, ch 111, ch 6, § 15 (1); SL 1992, ch 350, § 19.