S.D. Codified Laws §§ 58-5-128 through 58-5-136: Organization of General Powers of Insurers – South Dakota

Status: Enacted
Year Enacted: 1966
Year Amended: 2001
File: Download

Statutes govern mergers and consolidations of stock and mutual insurers. Any plan by which a stock insurer proposes to acquire a substantial or controlling stock interest in another stock insurer through an exchange of stock is deemed to be a plan of merger which requires the approval of the director of the Division of Insurance.


Return to Database Search

© 2018- The SLIHCQ DatabaseInitial funding for this project was provided by the Robert Wood Johnson Foundation. The views expressed here do not necessarily reflect the views of the Foundation.

Associated Litigation:

No items found