No member of a domestic mutual insurer shall have an offset against any assessment for which he is liable, on account of any claim for unearned premium or loss payable.
S.D. Codified Laws § 58-5-35
Offsets not allowed against assessment by mutual insurer
Source: SL 1966, ch 111, ch 16, § 30 (4).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.