Amount of assessment by mutual insurer

SDCL § 58-5-33 — under ORGANIZATION AND GENERAL POWERS OF INSURERS.

SDCL § 58-5-33

The assessment under § 58-5-32 shall be in an amount to cure such deficiency and to provide a reasonable amount of working funds which shall not exceed five percent of the insurer's liabilities as of the date such deficiency was determined. Source: SL 1966, ch 111 , ch 16, § 30 (2).