Considerations in decision to approve or disapprove transactions

SDCL § 58-5A-58 — under INSURANCE HOLDING COMPANIES.

SDCL § 58-5A-58

The director in making the decision to approve or disapprove the transactions in §§ 58-5A-56 and 58-5A-57 shall consider whether the transactions comply with the standards set forth in § 58-5A-32 and whether they may adversely affect the interests of policyholders or of the insurer. Source: SL 1992, ch 341 , § 23.