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2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 07 - Insurers' Deposits With State
§ 58-7-28 Appraisal or valuation of deposited assets or securities--Cost borne by insurer.


SD Codified L § 58-7-28 (2013) What's This?

58-7-28. Appraisal or valuation of deposited assets or securities--Cost borne by insurer. The director may, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised or valued by appraisers approved by the director. The costs of any appraisal or valuation shall be borne by the insurer.

Source: SL 1966, ch 111, ch 7, § 9; SL 1991, ch 398, § 15.

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