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.
South Dakota Legal Code