There is a newer version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 27 - Loans And Investments Of Insurers
§ 58-27-26 Investments in stock of majority owned subsidiary corporations.
SD Codified L § 58-27-26 (2013) What's This?
58-27-26. Investments in stock of majority owned subsidiary corporations. With the consent of the director of the Division of Insurance, an insurer may invest in the stock of its majority owned subsidiary insurance corporation; or in the stock of any other majority owned corporation.
Source: SL 1966, ch 111, ch 6, § 16; SL 1969, ch 130; SL 1983, ch 376, § 3.
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