Assessments against subscribers--Authority for levy

SDCL § 58-34-38 — under RECIPROCAL INSURERS.

SDCL § 58-34-38

Assessments may be levied upon subscribers of a domestic reciprocal insurer liable therefor under the terms of their policies by the attorney upon approval by the subscribers' advisory committee and the director; or by the director in liquidation of the insurer. Source: SL 1966, ch 111 , ch 19, § 23 (1).