There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 26. Valuation Of Assets, Liabilities And Reserves
§58-26-3 Valuation of securities other than evidences of debt.
SD Codified L § 58-26-3 (through 2011) What's This?
58-26-3. Valuation of securities other than evidences of debt. Securities, other than those referred to in § 58-26-2, held by an insurer, shall be valued, in the discretion of the director, at their market value, or at their appraised value, or at prices determined by him as representing their fair market value.
Source: SL 1966, ch 111, ch 5, § 13 (1).
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