The director shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.
S.D. Admin. R. 20:06:31:01
General Authority: SDCL 58-14-17.
Law Implemented: SDCL 58-14-8, 58-14-17.