(July 10, 2023, 1:52 PM EDT) -- PIERRE, S.D. — The South Dakota Supreme Court reversed a lower court decision determining that the South Dakota Life and Health Guaranty Association had the authority to assess the South Dakota Bankers Benefit Plan Trust after its membership with the guaranty association ended, finding that because the assessments occurred after the legislature eliminated the requirement for the trust’s membership in the association, the trust was not obligated to pay the assessments to cover an insolvent insurer’s obligations....