S.D. Codified Laws § 58-27-26

Current through the 2024 Legislative Session
Section 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.

SDCL 58-27-26

SL 1966, ch 111, ch 6, § 16; SL 1969, ch 130; SL 1983, ch 376, § 3.