State Codes and Statutes
Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-15458-5-154. "Qualified education loan insurer" defined. The term, qualified education loan insurer, means a domestic stock insurer formed under chapter 58-5 for the principal purposes of transacting surety insurance, in this state only, in the education loan market and principally or beneficially owning or through a wholly-owned subsidiary investing in education loans, including loans originated in accordance with the terms of the Higher Education Act of 1965, as amended.
Source: SL 1998, ch 287, § 1.
