Affiliated insurer measured by factors applicable to parent.

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58-28-27. Affiliated insurer measured by factors applicable to parent.

If the insurer is a subsidiary of an admitted life insurer, or affiliated with such insurer through common management or ownership, it may be deemed by the director to have met the provisions of §§58-28-25 and 58-28-26 if either it or the parent or the affiliated insurer meets the requirements hereof.

Source: SL 1971, ch 266, §3.


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