There is a newer version of the South Dakota Codified Laws
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 27 - Loans And Investments Of Insurers
§ 58-27-77 Immediate disposal of ineligible investment unlawfully acquired.


SD Codified L § 58-27-77 (2013) What's This?

58-27-77. Immediate disposal of ineligible investment unlawfully acquired. The insurer shall forthwith dispose of any ineligible investment unlawfully acquired by it, and the director may suspend or revoke the insurer's certificate of authority if the insurer fails to dispose of the investment within such reasonable time as the director may, by his order, specify.

Source: SL 1966, ch 111, ch 6, § 33 (2).

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.