58-14-16.1. Credit allowed for reinsurance ceded to certified reinsurer.Credit shall be allowed if the reinsurance is ceded to an assuming insurer that has been certified by the director as a reinsurer in this state and secures the assuming insurer's obligations in accordance with the requirements of §§58-14-16.2 to 58-14-16.15, inclusive. Source: SL 2017, ch 211, §12.
South Dakota Legal Code