For the purpose of determining the sufficiency of its deposit in this state the assets and securities of the insurer on deposit shall be valued at current market value except bonds which may, in the discretion of the director, be valued as provided in § 58-26-2.
S.D. Codified Laws § 58-7-26
Sufficiency of deposit--Valuation of assets
Source: SL 1966, ch 111, ch 7, § 13 (1); SL 1969, ch 134.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.