South Dakota Statutes

§ 58-34-43 — Aggregate liability of subscriber--Maximum in one year.

South Dakota·Title 58 INSURANCE·Ch. 58-34 RECIPROCAL INSURERS
No one policy, or subscriber of such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year, in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on such policy during that year.

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South Dakota § 58-34-43 (Aggregate liability of subscriber--Maximum in one year.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 19, § 25.

Nearby Sections

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