58-27-56. Minimum investments by life insurer.
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/sd/title-58/chapter-58-27/58-27-56·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A life insurer shall also invest and keep invested its funds in amount not less than the reserves under its life insurance policies and annuity contracts in force, in cash or investments provided for under this chapter.