The funds of any corporation subject to the provisions of this chapter shall be invested only in securities permitted by the laws of this state for the investment of assets of life insurers.
S.D. Codified Laws § 58-40-14
Permitted investments
Known as the Hospital Service Plan Law
The act spans §§ 58–58 (50 sections).
Source: SL 1966, ch 111, ch 21, § 22.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.