South Dakota § 58-14-16.34 Application of reciprocal jurisdiction laws.

South Dakota Statutes

§ 58-14-16.34 — Application of reciprocal jurisdiction laws.

South Dakota § 58-14-16.34

Title 58INSURANCE

Ch. 58-13REINSURANCE

This text of South Dakota § 58-14-16.34 (Application of reciprocal jurisdiction laws.) 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 § 58-14-16.34 (2026).

Text

Nothing in §§ 58-14-16.23 to , inclusive:

(1)Limits or in any way alters the capacity of parties to a reinsurance agreement to agree on requirements for security or other terms in that reinsurance agreement except as expressly prohibited by this chapter or other applicable law;

(2)Authorizes an assuming insurer to withdraw or reduce the security provided under any reinsurance agreement except as permitted by the terms of the agreement; or (3) Limits or alters the capacity of parties to any reinsurance agreement to renegotiate the agreement.

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Nothing in §§ 58-14-16.23 to , inclusive: (1) Limits or in any way alters the capacity of parties to a reinsurance agreement to agree on requirements for security or other terms in that reinsurance agreement except as expressly prohibited by this chapter or other applicable law; (2) Authorizes an assuming insurer to withdraw or reduce the security provided under any reinsurance agreement except as permitted by the terms of the agreement; or (3) Limits or alters the capacity of parties to any reinsurance agreement to renegotiate the agreement.