58-26-3. Valuation of securities other than evidences of debt.Securities, other than those referred to in §58-26-2, held by an insurer, shall be valued, in the discretion of the director, at their market value, or at their appraised value, or at prices determined by him as representing their fair market value. Source: SL 1966, ch 111, ch 5, §13 (1).
South Dakota Legal Code