South Dakota Statutes

§ 58-29B-158 — Domiciliary state's order of distribution controls claims of residents of this and reciprocal states.

South Dakota·Title 58 INSURANCE·Ch. 58-29A INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
In a liquidation proceeding in this state involving one or more reciprocal states, the order of distribution of the domiciliary state shall control as to all claims of residents of this and reciprocal states. All claims of residents of reciprocal states shall be given equal priority of payment from general assets regardless of where such assets are located.

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South Dakota § 58-29B-158 (Domiciliary state's order of distribution controls claims of residents of this and reciprocal states.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1989, ch 436, § 158.

Nearby Sections

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