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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-73 Exemption from insider trading restrictions.
Universal Citation: SD Codified L § 58-5-73 (2019)
58-5-73. Exemption from insider trading restrictions. Sections 58-5-68 to 58-5-78, inclusive, shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction which the director of the Division of Insurance by rules and regulations may exempt as not comprehended within the purpose of said sections.
Source: SL 1966, ch 111, ch 16, ยง 27 (2).
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