<html> <head> <title>Rule 20:06:30:12 Existing agreements.</title> <META NAME="Keywords" Content="Administrative Rules 20:06:30:12"> <META NAME="Description" Content="Administrative Rules 20:06:30:12 Existing agreements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:06:30:12.&nbsp;&nbsp;Existing agreements.</b> Insurers subject to this chapter shall reduce to zero by January 1, 1996, any reserve credits or assets established regarding reinsurance agreements entered into before the effective date of this chapter which, under the provisions of this chapter, are not entitled to recognition.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 22 SDR 52, effective October 25, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-14-17">58-14-17.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-14-17">58-14-17.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Reinsurance, SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-14">58-14.</A></p> </div> </body> </html>