S.D. Codified Laws § 58-35-48 (2026)
An insurer may spend earnings of the preceding year for educational purposes. A complete and itemized report of such expenditures shall be filed by the insurer as part of its annual report required under § 58-35-54.
Source: SL 1966, ch 111 , ch 17, § 24; SL 1993, ch 373 .