South Dakota Statutes
§ 58-7-38 — Release of deposited assets--Terms--Nonliability of director acting in good faith.
South Dakota § 58-7-38
This text of South Dakota § 58-7-38 (Release of deposited assets--Terms--Nonliability of director acting in good faith.) 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 § 58-7-38 (2026).
Text
No release of deposited assets and securities may be made except upon application to and the written order of the director and under the terms of the custodial or depository arrangement. The director is not personally liable for the release of any deposit made by him in good faith.
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Legislative History
SL 1966, ch 111, ch 7, § 14 (5); SL 1991, ch 398, § 19.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-7-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-7-38.