S.D. Codified Laws § 58-26-43

Current through the 2024 Legislative Session

Section 58-26-43 - Increase of inadequate reserves

If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the director shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

SDCL 58-26-43

SL 1966, ch 111, ch 5, § 9.