There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 29B. Insurers Supervision, Rehabilitation And Liquidation
§58-29B-138 Director's application to liquidate assets of foreign or alien insurer--Grounds.
SD Codified L § 58-29B-138 (through 2011) What's This?
58-29B-138. Director's application to liquidate assets of foreign or alien insurer--Grounds. 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.
Source: SL 1989, ch 436, § 138.
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