58-27-70. Disposal of real estate unnecessary for transaction of insurance business--Time limit.
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/sd/title-58/chapter-58-27/58-27-70·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.