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Section 58-27-70 - Disposal of real estate unnecessary for transaction of insurance business--Time limit — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-27-70 - Disposal of real estate unnecessary for transaction of insurance business--Time limit

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58-27-70. Disposal of real estate unnecessary for transaction of insurance business--Time limit.Except as stated in §58-27-72, the insurer shall dispose of real estate acquired under subdivision 58-27-50(1) within five years after it has ceased to be necessary for the convenient accommodation of the insurer in the transaction of its business. Source: SL 1966, ch 111, ch 6, §31 (1).