58-27-70. Disposal of real estate unnecessary for transaction of insurance business--Time limit.
Except as stated in §58-27-72, the insurer shall dispose of real estate acquired under subdivision 58-27-50(1) within five years after it has ceased to be necessary for the convenient accommodation of the insurer in the transaction of its business.
Source: SL 1966, ch 111, ch 6, §31 (1).