Deposits of foreign or alien insurers in another state--Quality of cash or securities

SDCL § 58-6-35 — under AUTHORITY TO TRANSACT INSURANCE IN STATE.

SDCL § 58-6-35

Deposits of foreign insurers or deposits of alien insurers under subdivision 58-6-34(2) in another state shall be in cash or securities of a quality comparable to those eligible for deposit in this state by domestic insurers. Source: SL 1966, ch 111 , ch 3, § 13 (3).