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Code · South Dakota · Title 58 · Chapter 58-5

58-5-31. Unrealized contingent liability of members of mutual not an asset of insurer.

21 words·~1 min read·/sd/title-58/chapter-58-5/58-5-31·

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

Any unrealized contingent liability of members shall not constitute an asset of the insurer in any determination of its financial condition.
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