South Dakota § 58-26-93 - Adoption of change to valuation manual.
Full text of South Dakota South Dakota Codified Laws § 58-26-93 — Adoption of change to valuation manual., with citation guidance and answers to common questions.
§ 58-26-93. Adoption of change to valuation manual.
The director may approve a change to the valuation manual pursuant to rules promulgated pursuant to chapter 1-26 when the change to the valuation manual is adopted by the NAIC by an affirmative vote representing:
(1) At least three-fourths of the members of the NAIC voting, but not less than a majority of the total membership; and
(2) Members of the NAIC representing jurisdictions totaling greater than seventy-five percent of the direct premiums written as reported in the following annual statements most recently available prior to the vote in subdivision (1) above: life, accident, and health annual statements, health annual statements, or fraternal annual statements.
Source: SL 2015, ch 254, § 27.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-26-93
What does South Dakota Codified Laws § 58-26-93 cover?
Section 58-26-93 ("Adoption of change to valuation manual.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-26-93?
A common citation format is "South Dakota Codified Laws § 58-26-93" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-26-93 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.