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Code · South Dakota · Title 58 · Chapter 58-35

58-35-35. Maximum amount of insurance on single risk.

40 words·~1 min read·/sd/title-58/chapter-58-35/58-35-35

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The maximum amount of insurance which an insurer shall retain on a single risk, after deduction of applicable reinsurance, shall not exceed ten percent of the admitted assets of the insurer or ten thousand dollars, whichever is the larger amount.
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