S.D. Codified Laws § 58-14-20
Current through the 2024 Legislative Session
The director may not allow a credit or deduction to the ceding insurer if the director determines the quality, quantity, or diversity of investments in the trust account of a reinsurer or the surplus to policyholders of the reinsurer is hazardous to a ceding insurer or policyholders.
SDCL 58-14-20