South Dakota Statutes
§ 58-20-19 — Inadequacy of liability or compensation loss reserves--Maintenance of additional reserves required by director.
South Dakota § 58-20-19
This text of South Dakota § 58-20-19 (Inadequacy of liability or compensation loss reserves--Maintenance of additional reserves required by director.) 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 § 58-20-19 (2026).
Text
Whenever, in the judgment of the director, the liability or compensation loss reserves of any insurer under his supervision, calculated in accordance with the provisions of §§ 58-20-16 to 58-20-18 , inclusive, are inadequate, he may require such insurer to maintain additional reserves based upon estimated individual claims or otherwise.
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Legislative History
SL 1966, ch 111, ch 29, § 3.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-20-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-20-19.