58-46-30. Combination of assets of protected cells for purposes of investment.Notwithstanding the provisions of §58-46-27, a sponsored captive insurance company may combine the assets of two or more protected cells for purposes of investing those assets. Such a combination of assets may not be construed as defeating the segregation of assets for purposes of §58-46-27, or for accounting or other purposes. A sponsored captive insurance company shall comply with investment requirements as may be approved by the director upon application by a sponsored captive insurance company. Source: SL 2013, ch 257, §26.
South Dakota Legal Code