South Dakota Statutes

§ 58-34-39 — Computation of amounts of assessments--Ratio of deficiency to premiums earned.

South Dakota § 58-34-39
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34RECIPROCAL INSURERS

This text of South Dakota § 58-34-39 (Computation of amounts of assessments--Ratio of deficiency to premiums earned.) 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 § 58-34-39 (2026).

Text

Each subscriber's share of a deficiency for which an assessment is made, but not exceeding in any event his aggregate contingent liability as provided by this chapter, shall be computed by applying to the premium earned on the subscriber's policy or policies during the period to be covered by the assessment, the ratio of the total deficiency to the total premiums earned during such period upon all policies subject to the assessment.

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Legislative History

SL 1966, ch 111, ch 19, § 23 (2).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-34-39, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-34-39.