South Dakota Statutes

§ 58-29A-106 — Association to be recognized as claimant in liquidation of insolvent insurer--Priority of distribution.

South Dakota·Title 58 INSURANCE·Ch. 58-29A INSURANCE GUARANTY ASSOCIATION
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 .

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South Dakota § 58-29A-106 (Association to be recognized as claimant in liquidation of insolvent insurer--Priority of distribution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2000, ch 247, § 53.

Nearby Sections

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