A mutual insurer, upon receiving the director's notice of deficiency as set forth in § 58-5-114, shall levy such an assessment upon members as is provided for in §§ 58-5-32 to 58-5-36, inclusive.
S.D. Codified Laws § 58-5-117
Levy of assessment by mutual insurer to cure deficiency
Source: SL 1966, ch 111, ch 16, § 36 (2).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.