S.D. Admin. R. 20:06:31:04.10
Current through Register Vol. 51, page 57, November 12, 2024
Trust assets may be invested in obligations issued, assumed or guaranteed by a multinational development bank are permissible provided the obligations are rated A or higher, or the equivalent, by a rating agency recognized by the Securities Valuation Office of the National Association of Insurance Commissioners.
S.D. Admin. R. 20:06:31:04.10
General Authority: SDCL 58-14-17.
Law Implemented: SDCL 58-14-11, 58-14-13, 58-14-17, 58-14-20.