Delinquency proceedings pursuant to this chapter may be commenced by the director at any time, regardless of whether notice to an insurer has been given concerning impairment of capital or assets as provided in § 58-5-114.

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Terms Used In South Dakota Codified Laws 58-29B-5

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

Source: SL 1989, ch 436, § 5.