S.D. Codified Laws § 58-29A-106

Current through the 2024 Legislative Session
Section 58-29A-106 - Association to be recognized as claimant in liquidation of insolvent insurer-Priority of distribution

The association and any similar organization in another state shall be recognized as claimants in the liquidation of an insolvent insurer for any amounts paid by them on covered claims obligations as determined under this chapter or similar laws in other states and shall receive dividends and any other distributions at the priority set forth in § 58-29B-124.

SDCL 58-29A-106

SL 2000, ch 247, §53.