South Dakota Statutes

§ 58-29B-77 — Voidable lien dissolved--Indemnifying transfer or lien deemed voidable.

South Dakota·Title 58 INSURANCE·Ch. 58-29A INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
If any lien deemed voidable under § 58-29B-67 has been dissolved by the furnishing of a bond or other obligation, the surety on which has been indemnified directly or indirectly by the transfer of or the creation of a lien upon any property of an insurer before the filing of a petition under this chapter which results in a liquidation order, the indemnifying transfer or lien shall also be deemed voidable.

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South Dakota § 58-29B-77 (Voidable lien dissolved--Indemnifying transfer or lien deemed voidable.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1989, ch 436, § 77.

Nearby Sections

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