South Dakota § 58-29B-126 Court approval, disapproval, or modification of report.

South Dakota Statutes

§ 58-29B-126 — Court approval, disapproval, or modification of report.

South Dakota § 58-29B-126

Title 58INSURANCE

Ch. 58-29AINSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of South Dakota § 58-29B-126 (Court approval, disapproval, or modification of report.) 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-126 (2026).

Text

The court may approve, disapprove, or modify, the report on claims by the liquidator. Such reports as are not modified by the court within a period of sixty days following submission by the liquidator shall be treated by the liquidator as allowed claims, subject thereafter to later modification or to rulings made by the court pursuant to §§ 58-29B-119 and 58-29B-120 . No claim under a policy of insurance may be allowed for an amount in excess of the applicable policy limits.

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The court may approve, disapprove, or modify, the report on claims by the liquidator. Such reports as are not modified by the court within a period of sixty days following submission by the liquidator shall be treated by the liquidator as allowed claims, subject thereafter to later modification or to rulings made by the court pursuant to §§ 58-29B-119 and 58-29B-120 . No claim under a policy of insurance may be allowed for an amount in excess of the applicable policy limits.