Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 27 - LOANS AND INVESTMENTS OF INSURERS
Section 58-27-70 - Disposal of real estate unnecessary for transaction of insurance business-Time limit

S.D. Codified Laws § 58-27-70

Download
PDF
Current through the 2024 Legislative Session
Section 58-27-70 - Disposal of real estate unnecessary for transaction of insurance business-Time limit

Except as stated in § 58-27-72, the insurer shall dispose of real estate acquired under subdivision 58-27-50(1) within five years after it has ceased to be necessary for the convenient accommodation of the insurer in the transaction of its business.

SDCL 58-27-70

SL 1966, ch 111, ch 6, § 31 (1).