South Dakota § 58-29B-116 Third party claim against insured of insurer in liquidation filed with liquidator--Insured's filing--Late filing.

South Dakota Statutes

§ 58-29B-116 — Third party claim against insured of insurer in liquidation filed with liquidator--Insured's filing--Late filing.

South Dakota § 58-29B-116

Title 58INSURANCE

Ch. 58-29AINSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of South Dakota § 58-29B-116 (Third party claim against insured of insurer in liquidation filed with liquidator--Insured's filing--Late filing.) 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 § 58-29B-116 (2026).

Text

If any third party asserts a cause of action against an insured of an insurer in liquidation, the third party may file a claim with the liquidator. Whether or not the third party files a claim, the insured may file a claim on his own behalf in the liquidation. If the insured fails to file a claim by the date for filing claims specified in the order of liquidation or within sixty days after mailing of the notice required by §§ 58-29B-51 and 58-29B-52 , whichever is later, he is an unexcused late filer.

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If any third party asserts a cause of action against an insured of an insurer in liquidation, the third party may file a claim with the liquidator. Whether or not the third party files a claim, the insured may file a claim on his own behalf in the liquidation. If the insured fails to file a claim by the date for filing claims specified in the order of liquidation or within sixty days after mailing of the notice required by §§ 58-29B-51 and 58-29B-52 , whichever is later, he is an unexcused late filer.