State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-07 > Statute-58-7-11

58-7-11. Deposits of reserves of domestic insurers other than life--Holding for common benefit of all policyholders. Deposits of reserves made by domestic insurers other than life shall be held for the common benefit of all the holders of its policies.

Source: SL 1966, ch 111, ch 7, § 3 (5).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-07 > Statute-58-7-11

58-7-11. Deposits of reserves of domestic insurers other than life--Holding for common benefit of all policyholders. Deposits of reserves made by domestic insurers other than life shall be held for the common benefit of all the holders of its policies.

Source: SL 1966, ch 111, ch 7, § 3 (5).