Section 58-27-2 - Eligible investments by insurers--Violation as misdemeanor.
58-27-2. Eligible investments by insurers--Violation as misdemeanor. Insurers shall invest in or lend their funds on the security of, and shall hold as invested assets, only eligible investments as prescribed in this chapter. Violation of this section is a Class 2 misdemeanor.
Source: SL 1966, ch 111, ch 6, § 2 (1); SL 1978, ch 359, § 2.