South Dakota § 58-29B-115 - Claims made under employment contracts by directors or similar personnel--Limit on payment.
Full text of South Dakota South Dakota Codified Laws § 58-29B-115 — Claims made under employment contracts by directors or similar personnel--Limit on payment., with citation guidance and answers to common questions.
§ 58-29B-115. Claims made under employment contracts by directors or similar personnel--Limit on payment.
Claims made under employment contracts by directors, principal officers, or persons in fact performing similar functions or having similar powers are limited to payment for services rendered prior to the issuance of any order of rehabilitation or liquidation under § 58-29B-32 or 58-29B-42.
Source: SL 1989, ch 436, § 115.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-29B-115
What does South Dakota Codified Laws § 58-29B-115 cover?
Section 58-29B-115 ("Claims made under employment contracts by directors or similar personnel--Limit on payment.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-29B-115?
A common citation format is "South Dakota Codified Laws § 58-29B-115" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-29B-115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.