S.D. Codified Laws § 58-26-12

Current through the 2024 Legislative Session

Section 58-26-12 - Assets allowed as deductions from corresponding liabilities

Assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets, and deductions from assets may be charged as liabilities, in accordance with the form of annual statement applicable to the insurer as prescribed by the director, or otherwise in his discretion.

SDCL 58-26-12

SL 1966, ch 111, ch 5, § 2.