The provisions of §§ 58-5-69 to 58-5-73, inclusive, shall not apply to foreign or domestic arbitrage transactions unless contrary to such rules and regulations as the insurance director may adopt in order to carry out the purpose of §§ 58-5-68 to 58-5-78, inclusive.
S.D. Codified Laws § 58-5-76
Arbitrage transactions exempt from insider trading restrictions
Source: SL 1966, ch 111, ch 16, § 27 (5).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.