MyLRC +
Codified Laws

58-26-97Required change in assumption or method and adjustment of reserves.

The director may require a company to change any assumption or method that in the opinion of the director is necessary in order to comply with the requirements of the valuation manual or this chapter; and the company shall adjust the reserves as required by the director. The director may take other disciplinary action as permitted pursuant to the laws of this state.

Source: SL 2015, ch 254, § 31.

References