Minimum trusteed surplus requirements

The minimum trusteed surplus requirements are not applicable with respect to a multibeneficiary trust maintained by a certified reinsurer for the purpose of securing obligations incurred under §§ 58-14-16.8 to 58-14-16.13 , inclusive, except that the trust shall maintain a minimum trusteed surplus of ten million dollars. Source: SL 2017, ch 211 , § 22.