{"data":{"id":"us-sd/sdcl-58-5-13","jurisdiction":"us-sd","citation":"SDCL § 58-5-13","heading":"Deposit by incorporators of mutual insurer in lieu of bond--Amount.","body":"In lieu of such bond, such incorporators may deposit with the director twenty-five thousand dollars or United States government bonds, negotiable and payable to the bearer, with a market value at all times of not less than twenty-five thousand dollars, to be held in trust upon the same conditions as required for such bond.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-13","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"e36ddc6e55e5821ce904086946fd8a27bf6afb7770ccaac67c27d1a3f6a1ed8e","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-12","next":"us-sd/sdcl-58-5-14"},"notice":"GroundRules: Original legal text. Not legal advice."}