All depository or custodial arrangements shall comply in substance with the requirements of this title as to like deposits of other insurers, as to the amount, purposes, maintenance, replenishment, release, and withdrawal of such deposit or part thereof, as to the rights of the insurer therein, and in all other respects except as to actual custody.
S.D. Codified Laws § 58-7-20
Terms of depository or custodial arrangements for deposit of reserves
Source: SL 1966, ch 111, ch 7, § 5 (4); SL 1991, ch 398, § 11.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.