South Dakota Codified Laws 58-34-38. Assessments against subscribers–Authority for levy
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Assessments may be levied upon subscribers of a domestic reciprocal insurer liable therefor under the terms of their policies by the attorney upon approval by the subscribers’ advisory committee and the director; or by the director in liquidation of the insurer.
Terms Used In South Dakota Codified Laws 58-34-38
- Attorney: as used in this chapter , refers to the attorney in fact of a reciprocal insurer. See South Dakota Codified Laws 58-34-3
Source: SL 1966, ch 111, ch 19, § 23 (1).