2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 27 - Loans And Investments Of Insurers
§ 58-27-12.1 Maximum investments in bonds, warrants, and evidence of indebtedness.
58-27-12.1. Maximum investments in bonds, warrants, and evidence of indebtedness. An insurer may invest up to twenty percent of its admitted assets in any bonds, warrants, or evidence of indebtedness described in §§ 58-27-11 and 58-27-12 and not rated pursuant to § 58-27-108. The valuation of such investments shall be the amortized cost of the investments or the market value of the investments, whichever is less.
Source: SL 2004, ch 309, § 1.
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