South Dakota Statutes
§ 58-14-16.9 — Security required for domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to certified reinsurer.
South Dakota § 58-14-16.9
This text of South Dakota § 58-14-16.9 (Security required for domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to certified reinsurer.) 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 § 58-14-16.9 (2026).
Text
In order for a domestic ceding insurer to qualify for full financial statement credit for reinsurance ceded to a certified reinsurer, the certified reinsurer shall maintain security in a form acceptable to the director and consistent with § 58-14-16 , or in a multibeneficiary trust in accordance with § 58-14-11 , except as otherwise provided in §§ 58-14-16.8 to 58-14-16.13 , inclusive.
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Legislative History
SL 2017, ch 211, § 20.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-14-16.9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-14-16.9.