South Dakota Statutes

§ 58-26-30 — Reserve requirements for health insurance.

South Dakota § 58-26-30
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-26VALUATION OF ASSETS, LIABILITIES AND RESERVES

This text of South Dakota § 58-26-30 (Reserve requirements for health insurance.) 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 § 58-26-30 (2026).

Text

For all health insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the director and, in no event, less in the aggregate than the prorata gross unearned premiums for such policies.

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Legislative History

SL 1966, ch 111, ch 5, § 7.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-26-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-26-30.