An insurer may only reinsure risks within the limits it is authorized to insure.
S.D. Codified Laws § 58-14-3
Risk limits applicable
Source: SL 1966, ch 111, ch 4, § 10 (1); SL 1992, ch 344, § 14.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.