Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 26 - VALUATION OF ASSETS, LIABILITIES AND RESERVES
Section 58-26-4 - Preferred or guaranteed stocks-Method of computing value approved by director

S.D. Codified Laws § 58-26-4

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Current through the 2024 Legislative Session
Section 58-26-4 - Preferred or guaranteed stocks-Method of computing value approved by director

Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the director and in accordance with such method of computation as he may approve.

SDCL 58-26-4

SL 1966, ch 111, ch 5, § 13 (2).