In the event that 10 percent of any class of any equity security of an insurer is held in a trust, that trust and the trustees thereof as such shall be deemed a person required to file the reports specified in SDCL 58-5-69.
S.D. Admin. R. 20:06:04:14
General Authority: SDCL 58-5-77.
Law Implemented: SDCL 58-5-69.