Curing impairment of capital or surplus.

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58-5-115. Curing impairment of capital or surplus.

The deficiency may be cured by cash or assets eligible under chapter 58-27; or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which such insurer has sufficient basic paid-in capital or minimum basic surplus under this title.

Source: SL 1966, ch 111, ch 16, §35 (2).


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