South Dakota § 58-29B-138 - Director's application to liquidate assets of foreign or alien insurer--Grounds.

Full text of South Dakota South Dakota Codified Laws § 58-29B-138 — Director's application to liquidate assets of foreign or alien insurer--Grounds., with citation guidance and answers to common questions.

§ 58-29B-138. Director's application to liquidate assets of foreign or alien insurer--Grounds.

If a domiciliary receiver has not been appointed, the director may apply to the circuit court of Hughes County by verified petition for an order directing him to liquidate the assets found in this state of a foreign insurer or an alien insurer or an alien insurer not domiciled in this state, on any of the following grounds:

(1)    Any of the grounds in § 58-29B-31 or 58-29B-41; or

(2)    Any of the grounds specified in subdivisions 58-29B-134(2) to (4), inclusive.

Source: SL 1989, ch 436, § 138.

Source: official South Dakota text · Last verified 2026-08-27

Related South Dakota Legal Topics

Frequently Asked Questions About South Dakota § 58-29B-138

What does South Dakota Codified Laws § 58-29B-138 cover?

Section 58-29B-138 ("Director's application to liquidate assets of foreign or alien insurer--Grounds.") 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-138?

A common citation format is "South Dakota Codified Laws § 58-29B-138" (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-138 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.