Levy of assessment by mutual insurer to cure deficiency

SDCL § 58-5-117 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.

SDCL § 58-5-117

A mutual insurer, upon receiving the director's notice of deficiency as set forth in § 58-5-114 , shall levy such an assessment upon members as is provided for in §§ 58-5-32 to 58-5-36 , inclusive. Source: SL 1966, ch 111 , ch 16, § 36 (2).