Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 26 - VALUATION OF ASSETS, LIABILITIES AND RESERVES
Section 58-26-78 - Standards for calculating reserves for policies and contracts issued prior to July 1, 1995

S.D. Codified Laws § 58-26-78

Download
PDF
Current through the 2024 Legislative Session
Section 58-26-78 - Standards for calculating reserves for policies and contracts issued prior to July 1, 1995

Reserves for policies and contracts issued prior to July 1, 1995, may be calculated, at the option of the company, according to any standards which produce greater aggregate reserves for all the policies and contracts than the minimum reserves required by the laws in effect immediately prior to July 1, 1995.

SDCL 58-26-78

SL 1995, ch 284, § 34; SL 2015, ch 254, §19.
Amended by S.L. 2015, ch. 254,s. 19, eff. 7/1/2015.