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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05A - Insurance Holding Companies
§ 58-5A-61 Petition to seize or sequester voting securities acquired in violation of chapter.
Universal Citation: SD Codified L § 58-5A-61 (2019)
58-5A-61. Petition to seize or sequester voting securities acquired in violation of chapter. An insurer or the director may petition the court in Hughes County for an order to seize or sequester any voting securities of the insurer owned directly or indirectly by a person if that person has acquired or is proposed to acquire any voting securities in violation of this chapter.
Source: SL 1992, ch 341, ยง 28.
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