South Dakota Statutes

§ 58-5-115 — Curing impairment of capital or surplus.

South Dakota § 58-5-115
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-115 (Curing impairment of capital or surplus.) 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 § 58-5-115 (2026).

Text

The deficiency may be cured by cash or assets eligible under chapter 58-27 ; or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which such insurer has sufficient basic paid - in capital or minimum basic surplus under this title.

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Legislative History

SL 1966, ch 111, ch 16, § 35 (2).

Nearby Sections

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Bluebook (online)
South Dakota § 58-5-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-115.