{"data":{"id":"us-sd/sdcl-58-14-16.9","jurisdiction":"us-sd","citation":"SDCL § 58-14-16.9","heading":"Security required for domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to certified reinsurer.","body":"In order for a domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to a certified reinsurer, the certified reinsurer shall maintain security in a form acceptable to the director and consistent with § 58-14-16, or in a multibeneficiary trust in accordance with § 58-14-11, except as otherwise provided in §§ 58-14-16.8 to 58-14-16.13, inclusive.","path":["TITLE 58. INSURANCE","CHAPTER 58-14. REINSURANCE"],"source_url":"https://sdlegislature.gov/Statutes/58-14-16.9","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"65a10710bc47e0deb3ab8e9410d3d1123f6c1c8311ad3375667b803fa14cd0e0","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-14-16.8","next":"us-sd/sdcl-58-14-16.10"},"notice":"GroundRules: Original legal text. Not legal advice."}