State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-33

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

Source: SL 1966, ch 111, ch 16, § 30 (2).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-33

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

Source: SL 1966, ch 111, ch 16, § 30 (2).