South Dakota Codified Laws 58-6-58. Impairment of assets, capital, or surplus–Suspension, revocation, or refusal to renew certificate of authority–Rehabilitator or receiver of insurer not required to notify agents
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Sections 58-6-56 and 58-6-57 do not apply to any person who has been appointed as and is acting as rehabilitator or receiver of the insurer in judicial proceedings in a court of the United States or of the State of South Dakota.
Terms Used In South Dakota Codified Laws 58-6-58
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
Source: SL 1966, ch 111, ch 3, § 22 (3).