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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-7-30: Right of insurer to deposited assets and securities during solvency.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-7. INSURERS' DEPOSITS WITH STATE

While the insurer remains solvent and is in compliance with this title it may:

(1) Demand, receive, sue for, and recover the income from the assets or securities deposited;

(2) Exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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