South Dakota Codified Laws 58-7-2. Assets acceptable for deposit of reserves
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Deposits of reserves of a domestic insurer under § 58-7-1 shall consist of securities and assets which the insurer is authorized to hold as admitted assets.
Terms Used In South Dakota Codified Laws 58-7-2
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Source: SL 1966, ch 111, ch 7, § 1 (4).