S.D. Codified Laws § 58-5-115

Current through the 2024 Legislative Session
Section 58-5-115 - Curing impairment of capital or surplus

The deficiency may be cured by cash or assets eligible under chapter 58-27; or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which such insurer has sufficient basic paid-in capital or minimum basic surplus under this title.

SDCL 58-5-115

SL 1966, ch 111, ch 16, § 35 (2).