Section 58-6-24 - Determination of capital and surplus requirements for certificate of authority.

58-6-24. Determination of capital and surplus requirements for certificate of authority. Capital and surplus requirements of § 58-6-23 are based upon all kinds of insurance transacted by the insurer in any and all areas in which it operates or proposes to operate, whether or not only a portion of such kinds are to be transacted in this state.

Source: SL 1966, ch 111, ch 3, § 10 (2).