There is a newer version
of
this Section
2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05A - Insurance Holding Companies
§ 58-5A-16 Acquisitions exempt from information and approval requirements by order of director.
Universal Citation: SD Codified L § 58-5A-16 (2019)
58-5A-16. Acquisitions exempt from information and approval requirements by order of director. The provisions of §§ 58-5A-3 to 58-5A-13, inclusive, shall not apply to any offer, request, invitation, agreement, or acquisition which the director by order shall exempt therefrom as not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer, or as otherwise not comprehended within the purposes of this chapter.
Source: SL 1972, ch 267, § 11 (3).
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.
