58-25-25. Adjusted reserves restored to net profits or equity.The aggregate of the amounts set aside in this reserve in any calendar year as adjustments to the insurer's statutory or unearned premium reserve pursuant to §58-25-24 shall be released from the reserve and restored to net profits, or equity if the additions required by §58-25-24 reduced equity directly, over a period not exceeding ten years pursuant to the following table: Year of AdditionReleaseYear 1Equally over ten yearsYear 2Equally over nine yearsYear 3Equally over eight yearsYear 4Equally over seven yearsYear 5Equally over six yearsYear 6Equally over five years For purposes of this section, year is the calendar year following the year of first application of §55-25-22. Source: SL 2002, ch 239, §4.
South Dakota Legal Code