Pension or profit - sharing trust agreement not prohibited

SDCL § 58-27-66 — under LOANS AND INVESTMENTS OF INSURERS.

SDCL § 58-27-66

The provisions of §§ 58-27-62 and 58-27-65 shall not be construed to prohibit the making of pension or profit - sharing trust agreements involving the employees of affiliates or consolidations, mergers, or other transactions otherwise authorized by this title. Source: SL 1966, ch 111 , ch 6, § 34 (1) (f).