{"data":{"id":"us-sd/sdcl-58-26-34","jurisdiction":"us-sd","citation":"SDCL § 58-26-34","heading":"Reserve for liability policies written during three years preceding.","body":"For all liability policies written during the three years immediately preceding the date as of which the statement is made, the reserve required by § 58-26-31 shall be calculated in accordance with the Annual Statement Instructions Manual prescribed by the National Association of Insurance Commissioners as adopted by rule by the director pursuant to chapter 1-26. But in any event, the reserve may not be less than the determined and estimated unpaid claims under policies written during the three-year period. For all liability policies written more than three years prior to the date as of which the statement is made, the reserves required by § 58-26-31 shall be determined and estimated unpaid claims.","path":["TITLE 58. INSURANCE","CHAPTER 58-26. VALUATION OF ASSETS, LIABILITIES AND RESERVES"],"source_url":"https://sdlegislature.gov/Statutes/58-26-34","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6601e9a2df587eba1e25f922d648beb2e8f747af1e2838cb1f8d8c47cb92a41f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-26-33","next":"us-sd/sdcl-58-26-35"},"notice":"GroundRules: Original legal text. Not legal advice."}