58-46-17. Review of company financial condition--Compliance.
49 words·~1 min read·
/sd/title-58/chapter-58-46/58-46-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At least once in five years and whenever the director determines it to be prudent, the director shall examine each captive insurance company to ascertain its financial condition and whether it has complied with the provisions of this chapter. Chapter 58-3 applies to any examination conducted under this section.