South Dakota § 58-29A-103 - Premiums to include amounts sufficient for assessments.
Full text of South Dakota South Dakota Codified Laws § 58-29A-103 — Premiums to include amounts sufficient for assessments., with citation guidance and answers to common questions.
§ 58-29A-103. Premiums to include amounts sufficient for assessments.
The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates may not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
Source: SL 2000, ch 247, § 50.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-29A-103
What does South Dakota Codified Laws § 58-29A-103 cover?
Section 58-29A-103 ("Premiums to include amounts sufficient for assessments.") 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 § 58-29A-103?
A common citation format is "South Dakota Codified Laws § 58-29A-103" (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 § 58-29A-103 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.