The assessment under § 58-5-32 shall be in an amount to cure such deficiency and to provide a reasonable amount of working funds which shall not exceed five percent of the insurer's liabilities as of the date such deficiency was determined.
S.D. Codified Laws § 58-5-33
Amount of assessment by mutual insurer
Source: SL 1966, ch 111, ch 16, § 30 (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.