Reinsurance contracts filed by ceding insurer--Cancellation or material change, duty to inform director.

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58-14-5. Reinsurance contracts filed by ceding insurer--Cancellation or material change, duty to inform director.

A ceding insurer shall file copies of all reinsurance contracts with the director and shall promptly inform the director in writing of the cancellation or any other change of any of its reinsurance treaties or arrangements.

Source: SL 1966, ch 111, ch 4, §10 (4); SL 1992, ch 344, §16.


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