There is a newer version of the South Dakota Codified Laws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-80 Extent of surety discharge under releasing bond or similar obligation.
SD Codified L § 58-29B-80 (through 2011) What's This?
58-29B-80. Extent of surety discharge under releasing bond or similar obligation. The liability of a surety under a releasing bond or other like obligation shall be discharged to the extent of the value of the indemnifying property recovered or the indemnifying lien nullified and avoided by the liquidator or, if the property is retained under § 58-29B-79, to the extent of the amount paid to the liquidator.
Source: SL 1989, ch 436, § 80.
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