South Dakota Codified Laws 58-29B-100. Amounts for disbursements to associations
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The liquidator’s proposal shall provide for disbursements to the associations in amounts estimated at least equal to the claim payments made or to be made thereby for which such associations could assert a claim against the liquidator, and shall further provide that if the assets available for disbursement from time to time do not equal or exceed the amount of such claim payments made, or to be made, by the association then disbursements shall be in the amount of available assets.
Terms Used In South Dakota Codified Laws 58-29B-100
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Source: SL 1989, ch 436, § 100.