There is a newer version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 07 - Insurers' Deposits With State
§ 58-7-5 Ineligibility for deposit of securities in default.
SD Codified L § 58-7-5 (2013) What's This?
58-7-5. Ineligibility for deposit of securities in default. If default occurs in the payment of interest or principal of any deposited security and such default continues for a period of one hundred twenty days, the director may declare such security no longer eligible for deposit under § 58-7-1.
Source: SL 1966, ch 111, ch 7, § 1 (5).
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
