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Statutes > South Dakota Laws > Title 58 - INSURANCE > Chapter 27 - Loans And Investments Of Insurers > Section 58-27-8 - Security or investment ineligible for purchase or exchange at more than marketvalue.

STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Section 58-27-8 - Security or investment ineligible for purchase or exchange at more than marketvalue.

58-27-8. Security or investment ineligible for purchase or exchange at more than market value. No security or investment shall be eligible for purchase or exchange at a price above its market value.

Source: SL 1966, ch 111, ch 6, § 3 (2).

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