South Dakota Statutes

§ 58-13-4 — Deduction for reinsurance or cosuretyship.

South Dakota § 58-13-4
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13LIMIT OF RISK INSURED

This text of South Dakota § 58-13-4 (Deduction for reinsurance or cosuretyship.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-13-4 (2026).

Text

Reinsurance ceded for which credit is allowed pursuant to chapter 58-14 shall be deducted in determining risk retained. As to surety risks, deductions shall also be made of the amount assumed by any established incorporated cosurety and the value of any security deposited, pledged, or held subject to the surety's consent and for the surety's protection.

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Legislative History

SL 1966, ch 111, ch 4, § 11 (3).

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Bluebook (online)
South Dakota § 58-13-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-13-4.