S.D. Admin. R. 20:06:04:29

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:04:29 - Exclusions of options and equity securities acquired

The provisions of § 20:06:04:28 shall not apply with respect to any option granted, or other equity security acquired, prior to the date that SDCL 58-5-69, 58-5-71 to 58-5-73, inclusive, and 58-5-70 first become applicable with respect to any class of equity securities of any insurer.

4 SDR 6, effective 8/9/1977; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 58-5-73, 58-5-77.

Law Implemented: SDCL 58-5-71 to 58-5-73.