SDCL § 58-26-30: Reserve requirements for health insurance.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-26. VALUATION OF ASSETS, LIABILITIES AND RESERVES
For all health insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the director and, in no event, less in the aggregate than the prorata gross unearned premiums for such policies.
Collected 2026-09-03T15:18:57Z. Source file · JSON