Deposits of reserves made by domestic insurers other than life shall be held for the common benefit of all the holders of its policies.
S.D. Codified Laws § 58-7-11
Deposits of reserves of domestic insurers other than life--Holding for common benefit of all policyholders
Source: SL 1966, ch 111, ch 7, § 3 (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.