There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 26. Valuation Of Assets, Liabilities And Reserves
- §58-26-1 Assets allowed in determination of financial condition.
- §58-26-2 Valuation of bonds or other evidences of debt--Method of calculation.
- §58-26-3 Valuation of securities other than evidences of debt.
- §58-26-4 Preferred or guaranteed stocks--Method of computing value approved by director.
- §58-26-5 Real property acquired pursuant to mortgage loan or contract for sale--Restriction as to valuation.
- §58-26-6 Purchase money mortgage on real property--Restriction as to valuation.
- §58-26-7 Appraisal for valuation of other real property.
- §58-26-8 Personal property acquired pursuant to chattel mortgage--Restriction as to valuation.
- §58-26-9 Valuation not to be inconsistent with approved method.
- §58-26-10 Assets not allowed in determining financial condition.
- §58-26-10.1 Radio and television facilities allowable as assets.
- §58-26-11 Capital stock and liabilities chargeable against assets.
- §58-26-12 Assets allowed as deductions from corresponding liabilities.
- §58-26-13 Repealed.
- §58-26-13.1 Actuarial opinion of property, casualty, and health insurers.
- §58-26-13.2 Time limit for compliance with actuary opinion requirements.
- §58-26-14 to 58-26-29. Repealed.
- §58-26-30 Reserve requirements for health insurance.
- §58-26-31 Reserve for outstanding losses under liability insurance and workers' compensation.
- §58-26-32 Reserve for workers' compensation claims under policies written in three years preceding.
- §58-26-33 Reserve for workers' compensation claims under policies written more than three years preceding.
- §58-26-34 Reserve for liability policies written during three years preceding.
- §58-26-35 Maintaining a reserve for outstanding losses under credit insurance policies.
- §58-26-36 Unearned premium reserve--Insurers required to maintain.
- §58-26-37 Unearned premium reserve--Computation--Use of table.
- §58-26-38 Unearned premium reserve--Computation on a prorata basis.
- §58-26-39 Change in method of computation of unearned premium reserve--Approval of director required.
- §58-26-40 Unearned premium reserve provisions inapplicable to title insurance.
- §58-26-41 Unearned premium reserve on marine and transportation insurance.
- §58-26-42 Repealed.
- §58-26-43 Increase of inadequate reserves.
- §58-26-44 Application of chapter.
- §58-26-45 Annual valuation of reserve liabilities--Calculating reserves.
- §58-26-46 Annual opinion of qualified actuary required--Promulgation of rules.
- §58-26-47 Opinion required as to adequacy of reserves to provide for company's obligations.
- §58-26-48 Promulgation of rules for establishing higher reserves.
- §58-26-49 Form and substance of actuary's opinion.
- §58-26-50 Provisions governing submission of actuary's opinion.
- §58-26-51 Opinion submitted by foreign or alien company.
- §58-26-52 "Qualified actuary" defined.
- §58-26-53 Liability of qualified actuary.
- §58-26-54 Promulgation of rules defining disciplinary action against company or qualified actuary.
- §58-26-55 Confidentiality of material supporting opinion of qualified actuary.
- §58-26-56 Minimum standard for valuation of policies and contracts.
- §58-26-57 Mortality tables used for ordinary life insurance policies.
- §58-26-58 Mortality tables used for industrial life insurance policies.
- §58-26-59 Mortality tables used for individual annuity and pure endowment contracts.
- §58-26-60 Mortality tables used for group annuity and pure endowment contracts.
- §58-26-61 Disability tables used for total and permanent disability.
- §58-26-62 Tables used for accidental death benefits.
- §58-26-63 Tables to be approved by director.
- §58-26-64 Minimum standards for valuation of individual annuity and pure endowment contracts and group annuity and pure endowment contracts on or after July 1, 1995.
- §58-26-65 Tables used for individual annuity and pure endowment contracts issued prior to July 1, 1978--Interest.
- §58-26-66 Tables used for individual single premium immediate annuity contracts issued on or after July 1, 1978--Interest.
- §58-26-67 Tables used for individual annuity and pure endowment contracts issued on or after July 1, 1978--Interest.
- §58-26-68 Tables used for annuities and pure endowments purchased under group contracts prior to July 1, 1978--Interest.
- §58-26-69 Tables used for annuities and pure endowments purchased under group contracts after July 1, 1978--Interest.
- §58-26-70 Written notice of election to comply with provisions of §§ 58-26-64 to 58-26-69, inclusive--Operative date.
- §58-26-71 Calendar year statutory valuation interest rates defined.
- §58-26-72 Weighting factors.
- §58-26-73 "Reference interest rate" defined.
- §58-26-74 Alternative method for determination of reference interest rate.
- §58-26-75 Valuation of reserves--Policies providing for uniform amount of insurance and requiring payment of uniform premiums--Policies providing varying amounts of insurance or varying premiums--Certain group annuity and pure endowment contracts maintained by employers--Disability and accidental death benefits--Other benefits.
- §58-26-76 Valuation of reserves for certain annuity or pure endowment contracts.
- §58-26-77 Minimum aggregate reserves for life insurance policies.
- §58-26-78 Standards for calculating reserves for policies and contracts issued prior to July 1, 1995.
- §58-26-79 Standards for calculating reserves for policies, contracts or benefits issued on or after July 1, 1995.
- §58-26-80 Adoption of higher standard of reserves--Lower standard to be approved.
- §58-26-81 Determining minimum reserve when gross premium charged is less than the valuation net premium.
- §58-26-82 Application of §§ 58-26-75 and 58-26-81 to certain life insurance policies issued on or after January 1, 1986.
- §58-26-83 Requirements for reserves for life insurance providing for future premium determination or for reserves undeterminable under methods in § 58-26-75,
- §58-26-76, 58-26-81, or 58-26-82.
- §58-26-84 Promulgation of rules for minimum standards applicable to valuation of health plans.
- §58-26-85 Repeal of inconsistent laws.
- §58-26-86 Actuarial opinion summary to be filed with property, casualty, and health insurers' annual statement.
- §58-26-87 Actuarial report and workpapers to support actuarial opinion.
- §58-26-88 Preparation of supporting actuarial report or workpapers upon insurer's failure to provide acceptable supporting documents.
- §58-26-89 Statement of actuarial opinion to be filed with annual statement--Public document.
- §58-26-90 Confidentiality of actuarial report, workpapers, or actuarial opinion summary provided in support of opinion.
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