# S.D. Admin. R. 20:06:23:01: ARSD 20:06:23:01. Increase in capital and surplus

> South Dakota · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S01

## Section

- **Citation:** S.D. Admin. R. 20:06:23:01
- **Heading:** ARSD 20:06:23:01. Increase in capital and surplus
- **Jurisdiction:** South Dakota
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Administrative Rules of South Dakota / Title 20 / Article 20:06 INSURANCE / Chapter 20:06:23 Financial condition of insurers / ARSD 20:06:23:01

## Text

The division may require an insurer to increase its capital and surplus based on the type of risk it is writing, the amount of risk it is writing, a change in its investment portfolio, change in the lines the company is writing, unusual ratios produced by the National Association of Insurance Commissioners Insurance Regulatory Information System, or any other factor which indicates it is necessary for the protection of policyholders. The increase may be based on industry-accepted practices and standards.

## Nearby sections

- [S.D. Admin. R. 20:06:23:01 ARSD 20:06:23:01. Increase in capital and surplus](https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S01.md)
- [S.D. Admin. R. 20:06:23:02 ARSD 20:06:23:02. Standards for determining the hazardous financial condition of an insurer](https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S02.md)
- [S.D. Admin. R. 20:06:23:03 ARSD 20:06:23:03. Criteria for dividends](https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S03.md)
- [S.D. Admin. R. 20:06:23:04 ARSD 20:06:23:04. Criteria for targeted exams](https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S04.md)
- [S.D. Admin. R. 20:06:23:05 ARSD 20:06:23:05. Farm mutual annual statement information](https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S05.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_SD_ARSD_T20_A06_C23_S01. Check the current official text before relying on it. Not legal advice.