S.D. Codified Laws § 58-14-16.1

Current through the 2024 Legislative Session

Section 58-14-16.1 - Credit allowed for reinsurance ceded to certified reinsurer

Credit shall be allowed if the reinsurance is ceded to an assuming insurer that has been certified by the director as a reinsurer in this state and secures the assuming insurer's obligations in accordance with the requirements of §§ 58-14-16.2 to 58-14-16.15, inclusive.

SDCL 58-14-16.1

SL 2017, ch 211, §12.

Added by S.L. 2017, ch. 211,s. 12, eff. 7/1/2017.