South Dakota Statutes

§ 58-7-37 — Insurer subject to delinquency proceedings--Surrender of deposited assets and securities to authorized officer of court.

South Dakota § 58-7-37
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CINSURERS' DEPOSITS WITH STATE

This text of South Dakota § 58-7-37 (Insurer subject to delinquency proceedings--Surrender of deposited assets and securities to authorized officer of court.) 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 § 58-7-37 (2026).

Text

If the insurer is subject to delinquency proceedings as defined in this title, upon the order of a court of competent jurisdiction, the director shall yield the assets and securities held on deposit to the receiver, conservator, rehabilitator, or liquidator of the insurer, or to any other properly designated official.

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Legislative History

SL 1966, ch 111, ch 7, § 14 (4).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-7-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-37.