South Dakota Codified Laws 58-27-67. Underwriting of securities or property prohibited
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No insurer shall underwrite or participate in the underwriting of an offering of securities or property by any other person.
Terms Used In South Dakota Codified Laws 58-27-67
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 1966, ch 111, ch 6, § 34 (2).