South Dakota Statutes

§ 58-26-78 — Standards for calculating reserves for policies and contracts issued prior to July 1, 1995.

South Dakota·Title 58 INSURANCE·Ch. 58-26 VALUATION OF ASSETS, LIABILITIES AND RESERVES
Reserves for policies and contracts issued prior to July 1, 1995, may be calculated, at the option of the company, according to any standards which produce greater aggregate reserves for all the policies and contracts than the minimum reserves required by the laws in effect immediately prior to July 1, 1995.

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South Dakota § 58-26-78 (Standards for calculating reserves for policies and contracts issued prior to July 1, 1995.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1995, ch 284, § 34; SL 2015, ch 254, § 19.

Nearby Sections

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