ARSD 20:06:36:02
ARSD 20:06:36:02. RBC levels defined
Cite as S.D. Admin. R. 20:06:36:02
RBC levels are defined as follows:
(1) Company action level RBC is the product of 2.0 and its authorized control level RBC;
(2) Regulatory action level RBC is the product of 1.5 and its authorized control level RBC;
(3) Authorized control level RBC is the number determined under the risk-based capital formula in accordance with the RBC instructions;
(4) Mandatory control level RBC is the product of .70 and the authorized control level RBC.