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Section 58-5-31 - Unrealized contingent liability of members of mutual not an asset of insurer — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-5-31 - Unrealized contingent liability of members of mutual not an asset of insurer

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58-5-31. Unrealized contingent liability of members of mutual not an asset of insurer.Any unrealized contingent liability of members shall not constitute an asset of the insurer in any determination of its financial condition. Source: SL 1966, ch 111, ch 16, §29 (3).