South Dakota Statutes

§ 58-14-16.32 — Assuming insurers in receivership.

South Dakota § 58-14-16.32
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13REINSURANCE

This text of South Dakota § 58-14-16.32 (Assuming insurers in receivership.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-14-16.32 (2026).

Text

If subject to a legal process of rehabilitation, liquidation, or conservation, the ceding insurer or its representative may seek and, if determined appropriate by the court in which the proceedings are pending, obtain an order requiring that the assuming insurer post security for all outstanding ceded liabilities.

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Legislative History

SL 2021, ch 211, § 10.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-14-16.32, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-14-16.32.