GroundRules
← Search the law
South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-34-64: Liquidation of insurer ordered--Levy of assessment against subscribers.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-34. RECIPROCAL INSURERS

If liquidation of a reciprocal insurer is ordered, an assessment shall be levied upon the subscribers for such an amount, subject to limits as provided by this chapter, as the director determines to be necessary to discharge all liabilities of the insurer, exclusive of any funds contributed by the attorney or other persons, but including the reasonable cost of the liquidation.

Collected 2026-09-03T15:18:57Z. Source file · JSON

Browse this collection