There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 01. Definitions And General Provisions
§58-1-18 "Reinsurance" defined.
SD Codified L § 58-1-18 (through 2011) What's This?
58-1-18. "Reinsurance" defined. Reinsurance is a contractual arrangement under which one insurer or self-insurer transfers to another insurer some or all of the loss incurred by the primary insurer or self-insurer under contracts it has issued or coverage it has provided or will provide in the future.
Source: SL 1994, ch 61, § 2.
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