Surety bonds, irrevocable letters of credit, and documents showing issuance of any irrevocable letter of credit shall be deposited with, and, unless specified by statute, in a form approved by the department. Source: SL 1989, ch 453 , § 4.
Deposit of surety bonds, letters of credit, etc.
SDCL § 62-5-12 — under INSURANCE AND SECURITY FOR PAYMENTS.
SDCL § 62-5-12