South Dakota § 58-29B-127 - Distributions by liquidator under court direction--Manner of payment.
Full text of South Dakota South Dakota Codified Laws § 58-29B-127 — Distributions by liquidator under court direction--Manner of payment., with citation guidance and answers to common questions.
§ 58-29B-127. Distributions by liquidator under court direction--Manner of payment.
Under the direction of the court, the liquidator shall pay distributions in a manner that will assure the proper recognition of priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined claims, including third party claims. Distribution of assets in kind may be made at valuations set by agreement between the liquidator and creditor and approved by the court.
Source: SL 1989, ch 436, § 127.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-29B-127
What does South Dakota Codified Laws § 58-29B-127 cover?
Section 58-29B-127 ("Distributions by liquidator under court direction--Manner of 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-127?
A common citation format is "South Dakota Codified Laws § 58-29B-127" (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-127 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.