Repayment of loan by domestic insurer.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Organization And General Powers Of Insurers
  5. Repayment of loan by domestic insurer.

Checkout our iOS App for a better way to browser and research.

58-5-111. Repayment of loan by domestic insurer.

Any loan pursuant to §58-5-108 or substantial portion thereof shall be repaid by the insurer, upon the director's prior approval, when no longer reasonably necessary for the purpose originally intended.

Source: SL 1966, ch 111, ch 16, §34 (4).


Download our app to see the most-to-date content.