Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 58-7-30 - Right of insurer to deposited assets and securities during solvency — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 58 - Insurance/
  5. Chapter 07 - Insurers' Deposits with State/
  6. Section 58-7-30 - Right of insurer to deposited assets and securities during solvency
South Dakota Legal Code

Section 58-7-30 - Right of insurer to deposited assets and securities during solvency

Ask AI about this
58-7-30. Right of insurer to deposited assets and securities during solvency.While the insurer remains solvent and is in compliance with this title it may:(1)Demand, receive, sue for, and recover the income from the assets or securities deposited;(2)Exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and(3)At any reasonable time inspect any such deposit. Source: SL 1966, ch 111, ch 7, §10.