There is a newer version of the South Dakota Codified Laws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
§58-26-31 Reserve for outstanding losses under liability insurance and workers' compensation.
SD Codified L § 58-26-31 (through 2011) What's This?
58-26-31. Reserve for outstanding losses under liability insurance and workers' compensation. An insurer shall maintain a reserve for outstanding losses under insurance against loss or damage from accident to or injuries suffered by an employee or other person and for which the insured is liable and which shall be computed as provided by §§ 58-26-32 to 58-26-35, inclusive.
Source: SL 1966, ch 111, ch 5, § 8.
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