South Dakota Statutes

§ 58-5A-61 — Petition to seize or sequester voting securities acquired in violation of chapter.

South Dakota § 58-5A-61
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-61 (Petition to seize or sequester voting securities acquired in violation of chapter.) 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 § 58-5A-61 (2026).

Text

An insurer or the director may petition the court in Hughes County for an order to seize or sequester any voting securities of the insurer owned directly or indirectly by a person if that person has acquired or is proposed to acquire any voting securities in violation of this chapter.

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Legislative History

SL 1992, ch 341, § 28.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5A-61, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5A-61.