South Dakota Statutes

§ 58-6-7 — Eligibility of insurer for certificate of authority--Necessity for maintenance of required reserves.

South Dakota § 58-6-7
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CAUTHORITY TO TRANSACT INSURANCE IN STATE

This text of South Dakota § 58-6-7 (Eligibility of insurer for certificate of authority--Necessity for maintenance of required reserves.) 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 § 58-6-7 (2026).

Text

No insurer shall be authorized to transact insurance in this state which does not maintain reserves as required by the chapter of this title relating to assets and liabilities, applicable to the kinds of insurance transacted by such insurer, wherever transacted in the United States.

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Legislative History

SL 1966, ch 111, ch 3, § 4 (1).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-6-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6-7.