SDCL § 58-5-33: Amount of assessment by mutual insurer.
Where this section sits in the code
- TITLE 58. INSURANCE
- 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