Unrealized contingent liability of members of mutual not an asset of insurer.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Organization And General Powers Of Insurers
  5. Unrealized contingent liability of members of mutual not an asset of insurer.

Checkout our iOS App for a better way to browser and research.

58-5-31. Unrealized contingent liability of members of mutual not an asset of insurer.

Any unrealized contingent liability of members shall not constitute an asset of the insurer in any determination of its financial condition.

Source: SL 1966, ch 111, ch 16, §29 (3).


Download our app to see the most-to-date content.