Authorized deposits of insurers

SDCL § 58-7-6 — under INSURERS' DEPOSITS WITH STATE.

SDCL § 58-7-6

The following deposits of insurers shall be accepted and held, and are subject to the provisions of this chapter: (1) Deposits required under this title for authority to transact insurance business in this state; (2) Deposits of domestic insurers if made pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in that state, province, or country; (3) Deposits of reserves made by domestic insurers; (4) Deposits in additional amounts as are permitted to be made under §