58-28-27. Affiliated insurer measured by factors applicable to parent.If the insurer is a subsidiary of an admitted life insurer, or affiliated with such insurer through common management or ownership, it may be deemed by the director to have met the provisions of §§58-28-25 and 58-28-26 if either it or the parent or the affiliated insurer meets the requirements hereof. Source: SL 1971, ch 266, §3.
South Dakota Legal Code