{"data":{"id":"us-sd/sdcl-58-5a-57","jurisdiction":"us-sd","citation":"SDCL § 58-5A-57","heading":"Transactions entered into to avoid director's review prohibited.","body":"A domestic insurer may not enter into transactions which are part of a plan or series of like transactions with persons within the holding company system if the purpose of those separate transactions is to avoid the statutory amounts in § 58-5A-56 and thus the review. If the director determines that transactions were entered into over any twelve-month period to avoid § 58-5A-56, the director may exercise his authority under §§ 58-5A-62 to 58-5A-67, inclusive.","path":["TITLE 58. INSURANCE","CHAPTER 58-5A. INSURANCE HOLDING COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-5A-57","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"02e607fbee11c530d9b62703441642900b55028a83f658a25e60083d1f564bc9","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-5a-56","next":"us-sd/sdcl-58-5a-58"},"notice":"GroundRules: Original legal text. Not legal advice."}