South Dakota § 58-29B-26 - Duration of order--Hearing to extend, shorten or modify--Vacation of order.
Full text of South Dakota South Dakota Codified Laws § 58-29B-26 — Duration of order--Hearing to extend, shorten or modify--Vacation of order., with citation guidance and answers to common questions.
§ 58-29B-26. Duration of order--Hearing to extend, shorten or modify--Vacation of order.
The court shall specify in the order under § 58-29B-25 its duration which shall be such time as the court deems necessary for the director to ascertain the condition of the insurer. On motion of either party or on its own motion, the court may from time to time hold such hearings as it considers desirable after such notice as it deems appropriate, and may extend, shorten, or modify the terms of the seizure order. The court may vacate the seizure order if the director fails to commence rehabilitation or liquidation proceedings under this chapter after having had a reasonable opportunity to do so. An order of the court pursuant to a formal proceeding under this chapter shall vacate the seizure order.
Source: SL 1989, ch 436, § 26.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-29B-26
What does South Dakota Codified Laws § 58-29B-26 cover?
Section 58-29B-26 ("Duration of order--Hearing to extend, shorten or modify--Vacation of order.") 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-26?
A common citation format is "South Dakota Codified Laws § 58-29B-26" (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-26 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.