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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-115 Curing impairment of capital or surplus.
Universal Citation: SD Codified L § 58-5-115 (2019)
58-5-115. Curing impairment of capital or surplus. The deficiency may be cured by cash or assets eligible under chapter 58-27; or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which such insurer has sufficient basic paid-in capital or minimum basic surplus under this title.
Source: SL 1966, ch 111, ch 16, ยง 35 (2).
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