{"data":{"id":"us-sd/sdcl-58-46-20","jurisdiction":"us-sd","citation":"SDCL § 58-46-20","heading":"Loan to parent or affiliated entity.","body":"A pure, agency, or trust captive insurance company may make a loan to its parent or affiliated entities. No loan to its parent or affiliated entities may be made without prior written approval of the director. A group, sponsored, or special purpose captive insurance company may make a loan to an affiliated entity if prior written approval by the director has been provided. The approval shall be evidenced by a note in a form approved by the director.","path":["TITLE 58. INSURANCE","CHAPTER 58-46. CAPTIVE INSURANCE COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-46-20","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d465146698cad97922cb953e775765daf128b89e4d829c84373c32a373171f87","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-46-19","next":"us-sd/sdcl-58-46-21"},"notice":"GroundRules: Original legal text. Not legal advice."}
