S.D. Codified Laws § 58-26-97

Current through the 2024 Legislative Session

Section 58-26-97 - Required change in assumption or method and adjustment of reserves

The director may require a company to change any assumption or method that in the opinion of the director is necessary in order to comply with the requirements of the valuation manual or this chapter; and the company shall adjust the reserves as required by the director. The director may take other disciplinary action as permitted pursuant to the laws of this state.

SDCL 58-26-97

SL 2015, ch 254, § 31.

Added by S.L. 2015, ch. 254,s. 31, eff. 7/1/2015.