Investment in a collateralized pool of assets other than mortgages--Requirements

SDCL § 58-27-104 — under LOANS AND INVESTMENTS OF INSURERS.

SDCL § 58-27-104

An insurer may invest in an interest in a collateralized pool whose underlying assets are not addressed or may be prohibited by chapter 58-26 or 58-27 . An insurer may invest in interest - bearing obligations entitled to receive both principal and interest, or both principal and implied interest, from a pool collateralized by one or more assets other than those authorized in §