S.D. Codified Laws § 58-27-97

Current through the 2024 Legislative Session
Section 58-27-97 - Excess transactions

If an insurer exceeds any one category, the excess is nonadmitted and the director may require the company to increase capital and surplus to protect policyholders. The insurer's excess transaction is also subject to § 58-27-74.

SDCL 58-27-97

SL 1992, ch 350, § 9.