§ 58-14-20 Disallowance of credit or deduction.

SD Codified L § 58-14-20 (2019) (N/A)
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58-14-20. Disallowal of credit or deduction. The director may not allow a credit or deduction to the ceding insurer if the director determines the quality, quantity, or diversity of investments in the trust account of a reinsurer or the surplus to policyholders of the reinsurer is hazardous to a ceding insurer or policyholders.

Source: SL 1992, ch 344, § 18.