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SOUTH DAKOTA STATUTES AND CODES

Section 58-5-115 - Curing impairment of capital or surplus.

58-5-115. Curing impairment of capital or surplus. The deficiency may be cured by cash or assets eligible under chapter 58-27; or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which such insurer has sufficient basic paid-in capital or minimum basic surplus under this title.

Source: SL 1966, ch 111, ch 16, § 35 (2).

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