South Dakota Statutes

§ 58-29B-52 — Duties of claimant upon notice of liquidation.

South Dakota § 58-29B-52
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-29AINSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of South Dakota § 58-29B-52 (Duties of claimant upon notice of liquidation.) 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-52 (2026).

Text

Notice to any potential claimant under § 58-29B-51 requires such claimant to file with the liquidator his claims together with proper proofs thereof under §§ 58-29B-106 to 58-29B-110 , inclusive, on or before a date the liquidator shall specify in the notice. The liquidator need not require any person claiming cash surrender values or other investment values in life insurance and annuities to file a claim. All claimants shall keep the liquidator informed of any changes of address. If notice is given in accordance with § 58-29B-51 , the distribution of assets of the insurer under this chapter shall be conclusive with respect to all claimants, whether or not they received notice.

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Legislative History

SL 1989, ch 436, § 52.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-29B-52, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-29B-52.