Statutes, codes, and regulations
South Dakota Administrative Rules
Title 20 - PUBLIC SAFETYArticle 20:06 - INSURANCE
Chapter 20:06:30 - Life and health reinsurance
Section 20:06:30:06 - Prior approval of director required for reserve credits or establishing assets

S.D. Admin. R. 20:06:30:06

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Current through Register Vol. 51, page 67, December 16, 2024
Section 20:06:30:06 - Prior approval of director required for reserve credits or establishing assets

Notwithstanding the first paragraph of § 20:06:30:02, an insurer subject to this chapter may, with the prior approval of the director, take a reserve credit or establish an asset that the director considers to be consistent with SDCL title 58 or this article, including actuarial interpretations or standards adopted by the division.

S.D. Admin. R. 20:06:30:06

22 SDR 52, effective 10/25/1995.

General Authority: SDCL 58-14-17.

Law Implemented: SDCL 58-14-17.