South Dakota Codified Laws 58-7-28. Appraisal or valuation of deposited assets or securities–Cost borne by insurer
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The director may, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised or valued by appraisers approved by the director. The costs of any appraisal or valuation shall be borne by the insurer.
Terms Used In South Dakota Codified Laws 58-7-28
- Appraisal: A determination of property value.
Source: SL 1966, ch 111, ch 7, § 9; SL 1991, ch 398, § 15.