There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 34. Reciprocal Insurers
§58-34-16 Additional kinds of insurance transacted--Minimum amount of surplus funds.
SD Codified L § 58-34-16 (through 2011) What's This?
58-34-16. Additional kinds of insurance transacted--Minimum amount of surplus funds. A domestic reciprocal insurer may be authorized to transact additional kinds of insurance if it has otherwise complied with the provisions of this title therefor and possesses and maintains surplus funds not less in amount than the minimum capital stock required of a domestic stock insurer for authority to transact a like combination of kinds of insurance, but subject to §§ 58-6-27 and 58-6-28.
Source: SL 1966, ch 111, ch 19, § 8 (4).
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
