S.D. Codified Laws § 58-14-16.8

Current through the 2024 Legislative Session
Section 58-14-16.8 - Obligations assumed from United States ceding insurers to be secured consistent with rating

A certified reinsurer shall secure obligations assumed from United States ceding insurers under §§ 58-14-16.9 to 58-14-16.13, inclusive, at a level consistent with the certified reinsurer's rating. The director may promulgate rules, pursuant to chapter 1-26, to establish standards under §§ 58-14-16.9 to 58-14-16.13, inclusive.

SDCL 58-14-16.8

SL 2017, ch 211, §19.
Added by S.L. 2017, ch. 211,s. 19, eff. 7/1/2017.