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2020 South Dakota Codified Laws
Title 58 - Insurance
Chapter 14 - Reinsurance
Section 58-14-20 - Disallowal of credit or deduction.
Universal Citation: SD Codified L § 58-14-20 (2020)
58-14-20. Disallowal of credit or deduction.
The director may not allow a credit or deduction to the ceding insurer if the director determines the quality, quantity, or diversity of investments in the trust account of a reinsurer or the surplus to policyholders of the reinsurer is hazardous to a ceding insurer or policyholders.
Source: SL 1992, ch 344, ยง18.
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