South Dakota Statutes

§ 58-29B-142 — Director's application to act as receiver--Grounds.

South Dakota § 58-29B-142
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-29AINSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of South Dakota § 58-29B-142 (Director's application to act as receiver--Grounds.) 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-142 (2026).

Text

On the same grounds as are specified in § 58-29B-138 , the director may petition any appropriate federal district court to be appointed receiver to liquidate that portion of the insurer's assets and business over which that court will exercise jurisdiction, or any lesser part thereof that the director deems desirable for the protection of the policyholders and creditors in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1989, ch 436, § 142.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 58-29B-142, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-29B-142.