§ 20:06:31:16

ARSD 20:06:31:16

Other security.

Effective Oct 25, 199522 SDR 52Source: 22 SDR 52, effective October 25, 1995. | General Authority: SDCL 58-14-17. | Law Implemented: SDCL 58-14-17.

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States that are subject to withdrawal solely by the ceding insurer and under its exclusive control.

Source: 22 SDR 52, effective October 25, 1995.

General Authority: SDCL 58-14-17.

Law Implemented: SDCL 58-14-17.