South Dakota Codified Laws 58-34-58. Reserves charged as liabilities
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The director shall charge as liabilities the same reserves as are required of incorporated insurers issuing nonassessable policies on a reserve basis.
Terms Used In South Dakota Codified Laws 58-34-58
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Source: SL 1966, ch 111, ch 19, § 18 (1).