South Dakota Statutes

§ 58-29B-44 — Order to liquidate alien insurer domiciled in state--Effect.

South Dakota·Title 58 INSURANCE·Ch. 58-29A INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
An order to liquidate the business of an alien insurer domiciled in this state shall be in the same terms and have the same legal effect as an order to liquidate a domestic insurer, except that the assets and the business in the United States shall be the only assets and business included therein.

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South Dakota § 58-29B-44 (Order to liquidate alien insurer domiciled in state--Effect.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1989, ch 436, § 44.

Nearby Sections

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