South Dakota Statutes
§ 58-14-16.11 — Minimum trusteed surplus requirements.
South Dakota § 58-14-16.11
This text of South Dakota § 58-14-16.11 (Minimum trusteed surplus requirements.) 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 § 58-14-16.11 (2026).
Text
The minimum trusteed surplus requirements are not applicable with respect to a multibeneficiary trust maintained by a certified reinsurer for the purpose of securing obligations incurred under §§ 58-14-16.8 to 58-14-16.13 , inclusive, except that the trust shall maintain a minimum trusteed surplus of ten million dollars.
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Legislative History
SL 2017, ch 211, § 22.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-14-16.11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-14-16.11.