There is a newer version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 34 - Reciprocal Insurers
§ 58-34-40 Earned premiums, computation for purpose of assessments.
SD Codified L § 58-34-40 (2013) What's This?
58-34-40. Earned premiums, computation for purpose of assessments. In computing the earned premiums for the purposes of § 58-34-39, the gross premium received by the insurer for the policy shall be used as a base, deducting therefrom solely charges not recurring upon the renewal or extension of the policy.
Source: SL 1966, ch 111, ch 19, § 23 (3).
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