South Dakota Codified Laws 58-34-24. Liability of subscribers for judgment against insurer–Service of legal process
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Any judgment based upon legal process so served shall be binding upon each of the insurer’s subscribers as their respective interests may appear, but in an amount not exceeding their respective contingent liabilities, if any, the same as though personal service of process was had upon each such subscriber.
Terms Used In South Dakota Codified Laws 58-34-24
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Service of process: The service of writs or summonses to the appropriate party.
Source: SL 1966, ch 111, ch 19, § 15 (2).