{"data":{"id":"us-sd/sdcl-58-5-157","jurisdiction":"us-sd","citation":"SDCL § 58-5-157","heading":"Investment of funds in securities.","body":"In addition to any investment permitted pursuant to § 58-5-156, a qualified education loan insurer may also invest any amount in common stock, preferred stock, debt obligations, and other securities, including without limitation, membership in a limited liability company, of any subsidiary engaged or organized to engage in any of the following:\n(1) The principal or beneficial ownership and management of assets authorized as investments for the qualified education loan insurer under § 58-5-156; or\n(2) The origination, administration, and servicing of education loans, the provision of services to any school, lender, student, and borrower and otherwise providing services for any educational purposes.","path":["TITLE 58. INSURANCE","CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-5-157","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"33b3aee7505eb780c184cb113ce6b399bcf91fb70eab110bf2ddc3a5520b13cb","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5-156","next":"us-sd/sdcl-58-5-158"},"notice":"GroundRules: Original legal text. Not legal advice."}