As soon as practicable after the liquidation order, but not later than one hundred twenty days thereafter, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One copy shall be filed in the office of the clerk of the circuit court of Hughes County and one copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed. A submission to the court for disbursement of assets in accordance with §§ 58-29B-98 to 58-29B-100, inclusive, fulfills the requirements of this section.

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Terms Used In South Dakota Codified Laws 58-29B-59

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

Source: SL 1989, ch 436, § 59.