58-14-16.8. Obligations assumed from United States ceding insurers to be secured consistent with rating. A certified reinsurer shall secure obligations assumed from United States ceding insurers under §§ 58-14-16.9 to 58-14-16.13, inclusive, at a level consistent with the certified reinsurer's rating. The director may promulgate rules, pursuant to chapter 1-26, to establish standards under §§ 58-14-16.9 to 58-14-16.13, inclusive.
Source: SL 2017, ch 211, § 19.
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