58-27-51. Maximum investments in other assets--Exceptions.
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/sd/title-58/chapter-58-27/58-27-51·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the aggregate limitations set forth in chapter 58-27 , an insurer may exceed such limitations if it does not invest, in the aggregate, an amount in excess of fifty percent of its capital and surplus in excess of four hundred thousand dollars, if such investment otherwise complies with chapter 58-27 . The provisions of this section do not apply to the exceptions set forth in § 58-27-53 or 58-27-57 .