South Dakota Statutes

§ 58-26-46 — Annual opinion of qualified actuary required--Promulgation of rules.

South Dakota § 58-26-46
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-26VALUATION OF ASSETS, LIABILITIES AND RESERVES

This text of South Dakota § 58-26-46 (Annual opinion of qualified actuary required--Promulgation of rules.) 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 § 58-26-46 (2026).

Text

Any life insurance company doing business in this state shall annually submit the opinion of a qualified actuary as to whether the reserves and related actuarial items held in support of the policies and contracts specified by the director are computed appropriately, are based on assumptions which satisfy contractual provisions, are consistent with prior reported amounts and comply with applicable laws of this state. The director shall promulgate rules pursuant to chapter 1-26 to specify the policies and contracts for which an opinion is required and to define the specifics of this opinion and add any other items deemed to be necessary to its scope.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1995, ch 284, § 2.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 58-26-46, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-26-46.