S.D. Codified Laws § 51A-6A-45.1

Current through the 2024 Legislative Session
Section 51A-6A-45.1 - Liability of receiver

No receiver, appointed pursuant to § 51A-6A-44, is liable to any person for good faith compliance with any law, statute, rule, or judgment, decree, or order of a court. Nor is any receiver liable to any person for any action taken or omitted unless a court finds that the receiver acted or failed to act as a result of misfeasance, bad faith, gross negligence, or reckless disregard of duty.

SDCL 51A-6A-45.1

SL 2005, ch 260, §11.