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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-29B-122: Valuation of security held by secured creditor.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-29B. INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

The value of any security held by a secured creditor shall be determined in one of the following ways, as the court may direct:

(1) By converting the same into money according to the terms of the agreement pursuant to which the security was delivered to such creditors; or

(2) By agreement, arbitration, compromise, or litigation between the creditor and the liquidator.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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