SDCL § 58-28-26: Factors considered by director in examining variable contracts.

In connection with § 58-28-25, the director shall consider among other things:

(1) The history and financial condition of the insurer;

(2) The character, responsibility, and fitness of the officers and directors of the insurer; and

(3) The law and regulation under which the insurer is authorized in the state of domicile to issue variable contracts.