South Dakota Statutes

§ 58-5-31 — Unrealized contingent liability of members of mutual not an asset of insurer.

South Dakota·Title 58 INSURANCE·Ch. 58-4A ORGANIZATION AND GENERAL POWERS OF INSURERS
Any unrealized contingent liability of members shall not constitute an asset of the insurer in any determination of its financial condition.

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South Dakota § 58-5-31 (Unrealized contingent liability of members of mutual not an asset of insurer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 16, § 29 (3).

Nearby Sections

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