{"data":{"id":"us-sd/sdcl-58-46-21","jurisdiction":"us-sd","citation":"SDCL § 58-46-21","heading":"Ceding or taking credit for reserves.","body":"Any captive insurance company may take credit for reserves on risks or portions of risks ceded to reinsurers complying with provisions of chapter 58-14 or 58-46. Prior approval of the director shall be required for ceding or taking credit for reserves on risks or portions of risks ceded to reinsurers not complying with chapter 58-14 or 58-46.","path":["TITLE 58. INSURANCE","CHAPTER 58-46. CAPTIVE INSURANCE COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/58-46-21","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"32431152b7abed07f5d7fcf0e09e059a6f353a2f59f1b91ae6076b89695882e5","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-46-20","next":"us-sd/sdcl-58-46-22"},"notice":"GroundRules: Original legal text. Not legal advice."}