South Dakota Code § 58-28-26

Factors considered by director in examining variable contracts
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In connection with §
58-28-25
, the director shall consider among other things:
(1) The history and financial condition of the insurer;
(2) The character, responsibility, and fitness of the officers and directors of the insurer; and
(3) The law and regulation under which the insurer is authorized in the state of domicile to issue variable contracts.

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