Statutes, codes, and regulations
South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 29B - INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
Section 58-29B-50.1 - Obligations of liquidator subsequent to entry of liquidation order

S.D. Codified Laws § 58-29B-50.1

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Current through the 2024 Legislative Session
Section 58-29B-50.1 - Obligations of liquidator subsequent to entry of liquidation order

Notwithstanding the powers of the liquidator as stated in §§ 58-29B-47 and 58-29B-50, the liquidator has no obligation to defend claims or to continue to defend claims subsequent to the entry of a liquidation order.

SDCL 58-29B-50.1

SL 1992, ch 351, § 8.