Notwithstanding any provisions of any other law to the contrary, all bonds issued under the provisions of this chapter shall constitute legal investments for savings and loans, savings banks, banks, trust companies, insurance companies, personal representatives, trustees, conservators, and other fiduciaries.
S.D. Codified Laws § 7-25A-28
Bonds constituting legal investments
Source: SL 1989, ch 59, § 28; SL 1993, ch 213, § 79.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.