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.
S.D. Codified Laws § 58-14-5
Reinsurance contracts filed by ceding insurer--Cancellation or material change, duty to inform director
Source: SL 1966, ch 111, ch 4, § 10 (4); SL 1992, ch 344, § 16.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.