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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 13 - Limit Of Risk Insured
§ 58-13-1 Maximum single risk assumed.
Universal Citation: SD Codified L § 58-13-1 (2019)
58-13-1. Maximum single risk assumed. No insurer shall retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding ten percent of its surplus to policyholders.
Source: SL 1966, ch 111, ch 4, ยง 11 (1).
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