58-6-24. Determination of capital and surplus requirements for certificate of authority.
47 words·~1 min read·
/sd/title-58/chapter-58-6/58-6-24·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Capital and surplus requirements of § 58-6-23 are based upon all kinds of insurance transacted by the insurer in any and all areas in which it operates or proposes to operate, whether or not only a portion of such kinds are to be transacted in this state.