{"data":{"id":"us-sd/sdcl-58-5-120","jurisdiction":"us-sd","citation":"SDCL § 58-5-120","heading":"Bulk reinsurance by domestic stock insurer--Agreement, filing with and approval by director.","body":"A domestic stock insurer may reinsure all or substantially all of its insurance in force, or of a major class thereof, with another insurer by an agreement of bulk reinsurance; provided however no such agreement shall become effective unless filed with the director of the Division of Insurance and approved by him in writing after a hearing thereon.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-120","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"e97885f477fe144dc399f84edc8d90b32b4f639863528d6e22d7a28ee08ff339","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-119","next":"us-sd/sdcl-58-5-121"},"notice":"GroundRules: Original legal text. Not legal advice."}