SDCL § 58-26-3: Valuation of securities other than evidences of debt.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-26. VALUATION OF ASSETS, LIABILITIES AND RESERVES
Securities, other than those referred to in § 58-26-2, held by an insurer, shall be valued, in the discretion of the director, at their market value, or at their appraised value, or at prices determined by him as representing their fair market value.
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