South Dakota § 58-34-63 - Failure to make up deficiency--Insurer deemed insolvent.
Full text of South Dakota South Dakota Codified Laws § 58-34-63 — Failure to make up deficiency--Insurer deemed insolvent., with citation guidance and answers to common questions.
§ 58-34-63. Failure to make up deficiency--Insurer deemed insolvent.
If the attorney fails to make up the deficiency described in § 58-34-62 or to make the assessment within thirty days after the director orders him to do so, or if the deficiency is not fully made up within sixty days after the date the assessment was made, the insurer shall be deemed insolvent and shall be proceeded against as authorized by this title.
Source: SL 1966, ch 111, ch 19, § 30 (2).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-34-63
What does South Dakota Codified Laws § 58-34-63 cover?
Section 58-34-63 ("Failure to make up deficiency--Insurer deemed insolvent.") 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 § 58-34-63?
A common citation format is "South Dakota Codified Laws § 58-34-63" (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 § 58-34-63 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.