Section 58-7-6 - Authorized deposits of insurers. - South Dakota Statutes

58-7-6. Authorized deposits of insurers. The following deposits of insurers shall be accepted and held, and are subject to the provisions of this chapter:
(1) Deposits required under this title for authority to transact insurance business in this state;
(2) Deposits of domestic insurers if made pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in that state, province, or country;
(3) Deposits of reserves made by domestic insurers;
(4) Deposits in additional amounts as are permitted to be made under § 58-7-29.

Source: SL 1966, ch 111, ch 7, § 2; SL 1991, ch 398, § 3.