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.
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Legislative History
SL 1989, ch 436, § 142.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.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.