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Section 58-27-97 - Excess transactions — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-27-97 - Excess transactions

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58-27-97. Excess transactions.If an insurer exceeds any one category, the excess is nonadmitted and the director may require the company to increase capital and surplus to protect policyholders. The insurer's excess transaction is also subject to §58-27-74. Source: SL 1992, ch 350, §9.