South Dakota Code § 58-29B-138

Director's application to liquidate assets of foreign or alien insurer--Grounds
Open in Lexace · Ask the AI about this section
If a domiciliary receiver has not been appointed, the director may apply to the circuit court of Hughes County by verified petition for an order directing him to liquidate the assets found in this state of a foreign insurer or an alien insurer or an alien insurer not domiciled in this state, on any of the following grounds:
(1) Any of the grounds in §
58-29B-31
or
58-29B-41
; or
(2) Any of the grounds specified in subdivisions 58-29B-134(2) to (4), inclusive.

‹ Prev All South Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.