GroundRules
← Search the law
South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-29B-52: Duties of claimant upon notice of liquidation.

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

Notice to any potential claimant under § 58-29B-51 requires such claimant to file with the liquidator his claims together with proper proofs thereof under §§ 58-29B-106 to 58-29B-110, inclusive, on or before a date the liquidator shall specify in the notice. The liquidator need not require any person claiming cash surrender values or other investment values in life insurance and annuities to file a claim. All claimants shall keep the liquidator informed of any changes of address. If notice is given in accordance with § 58-29B-51, the distribution of assets of the insurer under this chapter shall be conclusive with respect to all claimants, whether or not they received notice.

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

Browse this collection