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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-5-33: Amount of assessment by mutual insurer.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS

The assessment under § 58-5-32 shall be in an amount to cure such deficiency and to provide a reasonable amount of working funds which shall not exceed five percent of the insurer's liabilities as of the date such deficiency was determined.

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

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