Deposits of reserves of a domestic insurer under § 58-7-1 shall consist of securities and assets which the insurer is authorized to hold as admitted assets.
S.D. Codified Laws § 58-7-2
Assets acceptable for deposit of reserves
Source: SL 1966, ch 111, ch 7, § 1 (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.