GroundRules
SDCL § 58-27-23: Nonassessable common stock of corporation--Insurance stocks excepted.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-27. LOANS AND INVESTMENTS OF INSURERS
An insurer may invest in nonassessable common shares, trust certificates, or other equity interests, excluding preferred shares, insurance stocks, or acquisitions subject to subdivision 58-27-17(5) or § 58-27-111, of any solvent institution existing under the laws of the United States of America or Canada, or any state or province thereof.
Collected 2026-09-03T15:18:57Z. Source file · JSON