There is a newer version of the South Dakota Codified Laws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-52 Duties of claimant upon notice of liquidation.
SD Codified L § 58-29B-52 (through 2011) What's This?
58-29B-52. Duties of claimant upon notice of liquidation. Notice to any potential claimant under § 58-29B-51 requires such claimant to file with the liquidator his claims together with proper proofs thereof under §§ 58-29B-106 to 58-29B-110, inclusive, on or before a date the liquidator shall specify in the notice. The liquidator need not require any person claiming cash surrender values or other investment values in life insurance and annuities to file a claim. All claimants shall keep the liquidator informed of any changes of address. If notice is given in accordance with § 58-29B-51, the distribution of assets of the insurer under this chapter shall be conclusive with respect to all claimants, whether or not they received notice.
Source: SL 1989, ch 436, § 52.
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