{"data":{"id":"us-sd/sdcl-58-5-129","jurisdiction":"us-sd","citation":"SDCL § 58-5-129","heading":"Stock acquisition plan deemed merger--Approval required.","body":"Any plan by which a stock insurer proposes to acquire a substantial or controlling stock interest in another stock insurer through an exchange of stock is deemed to be a plan of merger which requires the approval of the director of the Division of Insurance in accordance with provisions of §§ 58-5-131 to 58-5-133, inclusive.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-129","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"7d2d71a384c7da662ad249e25c3fd000b4565d3a08b342ecb9769826c3df459b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-128","next":"us-sd/sdcl-58-5-130"},"notice":"GroundRules: Original legal text. Not legal advice."}