State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-27 > Statute-58-27-97

58-27-97. Excess transactions. If an insurer exceeds any one category, the excess is nonadmitted and the director may require the company to increase capital and surplus to protect policyholders. The insurer's excess transaction is also subject to § 58-27-74.

Source: SL 1992, ch 350, § 9.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-27 > Statute-58-27-97

58-27-97. Excess transactions. If an insurer exceeds any one category, the excess is nonadmitted and the director may require the company to increase capital and surplus to protect policyholders. The insurer's excess transaction is also subject to § 58-27-74.

Source: SL 1992, ch 350, § 9.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-27 > Statute-58-27-97

58-27-97. Excess transactions. If an insurer exceeds any one category, the excess is nonadmitted and the director may require the company to increase capital and surplus to protect policyholders. The insurer's excess transaction is also subject to § 58-27-74.

Source: SL 1992, ch 350, § 9.