SDCL § 58-5A-18: Acquisition, divestiture, or merger without approval as misdemeanor.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-5A. INSURANCE HOLDING COMPANIES
No person may effectuate or attempt to effectuate an acquisition of control of, divestiture of, or merger with, a domestic insurer unless it has been approved by the director. A violation of this section is a Class 2 misdemeanor.
Collected 2026-09-03T15:18:57Z. Source file · JSON