South Dakota Statutes

§ 58-29A-103 — Premiums to include amounts sufficient for assessments.

South Dakota·Title 58 INSURANCE·Ch. 58-29A INSURANCE GUARANTY ASSOCIATION
The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates may not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

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South Dakota § 58-29A-103 (Premiums to include amounts sufficient for assessments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2000, ch 247, § 50.

Nearby Sections

15
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