The director may, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised or valued by appraisers approved by the director. The costs of any appraisal or valuation shall be borne by the insurer.
S.D. Codified Laws § 58-7-28
Appraisal or valuation of deposited assets or securities--Cost borne by insurer
Source: SL 1966, ch 111, ch 7, § 9; SL 1991, ch 398, § 15.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.