There is a newer version of the South Dakota Codified Laws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-45 Declaration of insurer's insolvency--Procedure.
SD Codified L § 58-29B-45 (through 2011) What's This?
58-29B-45. Declaration of insurer's insolvency--Procedure. At the time of the petition for an order of liquidation, or at any time thereafter, the director, after making appropriate findings of an insurer's insolvency, may petition the court for a judicial declaration of such insolvency. After providing such notice and hearing as it deems proper the court may make the declaration.
Source: SL 1989, ch 436, § 45.
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