South Dakota Statutes

§ 58-6-28 — Additional kinds of insurance authorized for insurer holding prior certificate--Capital and surplus requirements.

South Dakota·Title 58 INSURANCE·Ch. 58-5C AUTHORITY TO TRANSACT INSURANCE IN STATE
An insurer described by § 58-6-27 shall not hereafter be granted authority to transact any other or additional kind of insurance unless it then fully complies with the requirements as to capital and surplus, as applied to all the kinds of insurance it then proposes to transact, as provided under §§ 58-6-23 to 58-6-26 , inclusive, as to new domestic insurers.

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South Dakota § 58-6-28 (Additional kinds of insurance authorized for insurer holding prior certificate--Capital and surplus requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 3, § 11 (2).

Nearby Sections

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