SDCL § 58-26-97: Required change in assumption or method and adjustment of reserves.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-26. VALUATION OF ASSETS, LIABILITIES AND RESERVES
The director may require a company to change any assumption or method that in the opinion of the director is necessary in order to comply with the requirements of the valuation manual or this chapter; and the company shall adjust the reserves as required by the director. The director may take other disciplinary action as permitted pursuant to the laws of this state.
Collected 2026-09-03T15:18:57Z. Source file · JSON