A domestic insurer may credit toward the deposit the amount of any other deposit of the insurer required by the director for the protection of its policyholders.
S.D. Codified Laws § 58-7-3
Credit of other deposit against reserve deposit
Source: SL 1966, ch 111, ch 7, § 1 (3); SL 1991, ch 398, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.