58-14-20. Disallowal of credit or deduction.
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/sd/title-58/chapter-58-14/58-14-20·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The director may not allow a credit or deduction to the ceding insurer if the director determines the quality, quantity, or diversity of investments in the trust account of a reinsurer or the surplus to policyholders of the reinsurer is hazardous to a ceding insurer or policyholders.