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S.D. Codified Laws § 58-5A-15

Mergers and consolidations exempt from information and approval requirements

Source: SL 1972, ch 267, § 11 (2).

The provisions of §§ 58-5A-3 to 58-5A-13, inclusive, shall not apply to any transaction which is subject to the provisions of chapter 58-5 and dealing with the merger or consolidation of two or more insurers.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.