Determination of capital and surplus requirements for certificate of authority.

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58-6-24. Determination of capital and surplus requirements for certificate of authority.

Capital and surplus requirements of §58-6-23 are based upon all kinds of insurance transacted by the insurer in any and all areas in which it operates or proposes to operate, whether or not only a portion of such kinds are to be transacted in this state.

Source: SL 1966, ch 111, ch 3, §10 (2).


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