In levying such assessment, the computation shall be upon the basis of the premiums earned on such policy during the period to which the assessment relates.
S.D. Codified Laws § 58-5-34
Computation of assessment levied by mutual insurer
Source: SL 1966, ch 111, ch 16, § 30 (3).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.