58-33-33 Interlocking ownership or management permitted.
Interlocking ownership or management permitted.
Any insurer may retain, invest
in or acquire the whole or any part of the capital stock of any other insurer or insurers, or have a
common management with any other insurer or insurers, unless such retention, investment,
acquisition, or common management is inconsistent with any other provision of this title, or unless
by reason thereof the business of such insurers with the public is conducted in a manner which
substantially lessens competition generally in the insurance business or tends to create a monopoly
Source: SL 1966, ch 111, ch 13, § 19 (1).