<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s76b953ec-832b-47c5-90a1-33acb977bb30P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s76b953ec-832b-47c5-90a1-33acb977bb30C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s76b953ec-832b-47c5-90a1-33acb977bb30C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s76b953ec-832b-47c5-90a1-33acb977bb30000001 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s76b953ec-832b-47c5-90a1-33acb977bb30P0-000005 { margin-top: 0; margin-bottom: 0; margin-left: 1.30in; margin-right: 0; text-indent: -1.30in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000000">6:01:04</span></a></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30000001"> </span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0">INVESTMENT IN MORTGAGE-BACKED SECURITIES</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30000001"> </span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0">(Repealed)</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30000001"> </span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">Section</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:01"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:01</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Investment in mortgage-backed securities permitted</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:02"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:02</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Incorporation or charter of issuer</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:03"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:03</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Delinquency rate on mortgage portfolio managed by issuer</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:04"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:04</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Par value of mortgage collateral</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:05"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:05</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Individual mortgage loans serving as collateral</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:06"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:06</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Collateral for mortgages not federally insured or guaranteed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:07"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:07</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Mortgages to be controlled by trustee</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:08"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:08</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Maturity of and security for fixed maturity bonds</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000005"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:09"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:09</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Mortgage credit insurance and special hazard insurance for mortgage pass-through certificates</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:10"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:10</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Registration with the securities and exchange commission</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:11"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:11</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Purchase not to exceed 50 percent of one issue</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000005"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:12"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:12</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Thirty percent of issue to be purchased by funds subject to certain federal regulation</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000005"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:13"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:13</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Limit on purchase of any one issue</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:14"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:14</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Prospectus required before purchase</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003"> </span><a href="https://sdlegislature.gov/Rules?Rule=06:01:04:15"><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000004">6:01:04:15</span></a><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">        Application of chapter</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">, Repealed</span><span class="s76b953ec-832b-47c5-90a1-33acb977bb30C0-000003">.</span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30000001"> </span></p><p dir="ltr" class="s76b953ec-832b-47c5-90a1-33acb977bb30P0-000002"><span xml:space="preserve" class="s76b953ec-832b-47c5-90a1-33acb977bb30000001"> </span></p></div></body></html>