A trust agreement or underlying reinsurance agreement in existence before January 1, 2018, will continue to be acceptable to the director until renewal of the underlying reinsurance agreement, at which time the agreements must be in full compliance with this chapter.

Source: 22 SDR 52, effective October 25, 1995; 44 SDR 71, effective October 23, 2017.

General Authority: SDCL 58-14-17.

Law Implemented: SDCL 58-14-17.

Prior versions effective: 1995-10-25.