58-14-16.1. Credit allowed for reinsurance ceded to certified reinsurer. Credit shall be allowed if the reinsurance is ceded to an assuming insurer that has been certified by the director as a reinsurer in this state and secures the assuming insurer's obligations in accordance with the requirements of §§ 58-14-16.2 to 58-14-16.15, inclusive.
Source: SL 2017, ch 211, § 12.