A domestic insurer is not prohibited from acquiring an obligation as a result of a restructuring of a medium or lower grade obligation already held.
S.D. Codified Laws § 58-27-95
Restructuring of medium or lower grade obligation already held
Source: SL 1992, ch 350, § 7.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.