Any loan pursuant to § 58-5-108 or substantial portion thereof shall be repaid by the insurer, upon the director's prior approval, when no longer reasonably necessary for the purpose originally intended.
S.D. Codified Laws § 58-5-111
Repayment of loan by domestic insurer
Source: SL 1966, ch 111, ch 16, § 34 (4).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.