SDCL § 58-29B-45: Declaration of insurer's insolvency--Procedure.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-29B. INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
At the time of the petition for an order of liquidation, or at any time thereafter, the director, after making appropriate findings of an insurer's insolvency, may petition the court for a judicial declaration of such insolvency. After providing such notice and hearing as it deems proper the court may make the declaration.
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