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Code · South Dakota · Title 58 · Chapter 58-27

58-27-4. Prior legal investment deemed eligible.

46 words·~1 min read·/sd/title-58/chapter-58-27/58-27-4·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any particular investment held by an insurer on July 1, 1997, and which was a legal investment at the time it was made, and which the insurer was legally entitled to possess immediately prior to July 1, 1997 shall be deemed to be an eligible investment.
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