Factors considered by director in examining variable contracts

In connection with § 58-28-25 , the director shall consider among other things: (1) The history and financial condition of the insurer; (2) The character, responsibility, and fitness of the officers and directors of the insurer; and (3) The law and regulation under which the insurer is authorized in the state of domicile to issue variable contracts. Source: SL 1966, ch 111 , ch 6, § 36 (9) as added by SL 1967, ch 131 ; SDCL, § 58-28-10; SL 1971, ch 266 , § 3.