South Dakota Statutes

§ 58-5-33 — Amount of assessment by mutual insurer.

South Dakota § 58-5-33
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-33 (Amount of assessment by mutual insurer.) 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 § 58-5-33 (2026).

Text

The assessment under § 58-5-32 shall be in an amount to cure such deficiency and to provide a reasonable amount of working funds which shall not exceed five percent of the insurer's liabilities as of the date such deficiency was determined.

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Legislative History

SL 1966, ch 111, ch 16, § 30 (2).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-33.