{"data":{"id":"us-sd/sdcl-58-27-12.1","jurisdiction":"us-sd","citation":"SDCL § 58-27-12.1","heading":"Maximum investments in bonds, warrants, and evidence of indebtedness.","body":"An insurer may invest up to twenty percent of its admitted assets in any bonds, warrants, or evidence of indebtedness described in §§ 58-27-11 and 58-27-12 and not rated pursuant to § 58-27-108. The valuation of such investments shall be the amortized cost of the investments or the market value of the investments, whichever is less.","path":["TITLE 58. INSURANCE","CHAPTER 58-27. LOANS AND INVESTMENTS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-27-12.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"16d7529b154a37335600a917239068936c184181314db1e5237b4a0e69b44b3f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-27-12","next":"us-sd/sdcl-58-27-13"},"notice":"GroundRules: Original legal text. Not legal advice."}
