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Investment In Mortgage-Backed Securities
Chapter · Administrative Rules of South Dakota ·
View on sdlegislature.gov ↗
Sections (15)
06:01:04:01
Investment in mortgage-backed securities permitted.
06:01:04:02
Incorporation or charter of issuer.
06:01:04:03
Delinquency rate on mortgage portfolio managed by issuer.
06:01:04:04
Par value of mortgage collateral.
06:01:04:05
Individual mortgage loans serving as collateral.
06:01:04:06
Collateral for mortgages not federally insured or guaranteed.
06:01:04:07
Mortgages to be controlled by trustee.
06:01:04:08
Maturity of and security for fixed maturity bonds.
06:01:04:09
Mortgage credit insurance and special hazard insurance for mortgage pass-through certificates.
06:01:04:10
Registration with the securities and exchange commission.
06:01:04:11
Purchase not to exceed 50 percent of one issue.
06:01:04:12
Thirty percent of issue to be purchased by funds subject to certain federal regulation.
06:01:04:13
Limit on purchase of any one issue.
06:01:04:14
Prospectus required before purchase.
06:01:04:15
Application of chapter.