South Dakota § 58-29B-140 - Order to liquidate in whatever terms court deems appropriate--Filing--Notice imparted.
Full text of South Dakota South Dakota Codified Laws § 58-29B-140 — Order to liquidate in whatever terms court deems appropriate--Filing--Notice imparted., with citation guidance and answers to common questions.
§ 58-29B-140. Order to liquidate in whatever terms court deems appropriate--Filing--Notice imparted.
If it appears to the court that the best interests of creditors, policyholders, and the public require, the court may issue an order to liquidate in whatever terms it deems appropriate. The filing or recording of the order with the clerk of the circuit court of Hughes County or the register of deeds of the county in which the principal business of the company is located or the county in which its principal office or place of business is located, shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that register of deeds would have imparted.
Source: SL 1989, ch 436, § 140.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-29B-140
What does South Dakota Codified Laws § 58-29B-140 cover?
Section 58-29B-140 ("Order to liquidate in whatever terms court deems appropriate--Filing--Notice imparted.") 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-140?
A common citation format is "South Dakota Codified Laws § 58-29B-140" (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-140 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.