{"data":{"id":"us-sd/sdcl-58-27-23","jurisdiction":"us-sd","citation":"SDCL § 58-27-23","heading":"Nonassessable common stock of corporation--Insurance stocks excepted.","body":"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.","path":["TITLE 58. INSURANCE","CHAPTER 58-27. LOANS AND INVESTMENTS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-27-23","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"32ff594fee75517868e67c50519d3a99145e20053318de05b7db223bc8e1c7fb","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-27-18","next":"us-sd/sdcl-58-27-24"},"notice":"GroundRules: Original legal text. Not legal advice."}