Securities reacquired by or for the account of an insurer and held by it for its account shall be exempt from SDCL 58-5-69, 58-5-71, 58-5-72, 58-5-73 during the time they are held by the insurer.

Source: 4 SDR 6, effective August 9, 1977; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 58-5-77.

Law Implemented: SDCL 58-5-73.